Geopolitical conflicts have increasingly been a driver of trade policy. We study the potential effects of global and persistent geopolitical conflicts on trade, technological innovation, and economic growth. In conventional trade models the welfare costs of such conflicts are modest. We build a...

Preface -- Part I Size -- Chapter 1: Mega-states vs. Compact Powers: Risks in the Emerging International System -- Chapter 2: Effects of the Size of a Country on its Economic Performance -- Part II Political Regimes and Social Structure -- Chapter 3: Analyzing Dependence and Conflict in a...

The idea of a flat tax, a tax levied at a single rate, has become an increasingly discussed and implemented fiscal strategy across Europe and the rest of the world. Estonia, Latvia, and Lithuania adopted flat tax systems in 1994 and 1995, making them the first modern countries to adopt flat...