The Federal Reserve Bank of New York has issued a research paper: “Geopolitical Risk and Decoupling: Evidence from U.S. Export Controls.”
The Fed commissioned the report noting in the introduction that “It is important to understand the costs and benefits of the primary strategy used by the US government in this geopolitical race, namely export controls. In this paper, we study the supply chain reconfiguration and associated financial and real effects following the imposition of export controls ...
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