Europe has recently pivoted to regulatory simplification with the aim to boost competitiveness. This column argues that in banking the debate needs to go beyond
Although the source and duration of the destruction differ, wars and natural disasters disrupt economies in similar ways. This column examines the effects of natural
Central bankers increase interest rates to discourage investment and consumption and hence lower inflation. This view, embedded in standard macroeconomic models and policymaking, assumes that
The US dollar is by far the most important currency for handling international trade payments (Boz et al. 2020). Could the Chinese renminbi eventually become
Interlocking directorates (IDs hereafter) arise when two or more corporate boards have one or more members in common. The presence of directors on the boards
The success of ChatGPT has raised fears that the excessive concentration of generative AI technology within one or two leading US companies could reduce market
The growth of the private equity in recent years has raised concerns about its consequences. This column matches 2.5 million workers who were employed by
While tariffs have been the most visible policy tool during the US-China trade war, anecdotal evidence points to the use of Chinese state-owned enterprises as
Inflation targeting has emerged as the dominant monetary policy framework among central banks in advanced and emerging market economies, as we discuss in our recent