The conflict in the Middle East has triggered a renewed energy shock for Europe. While the macroeconomic impact is currently expected to remain more contained
Artificial intelligence (AI) is playing a growing role in finance. Algorithmic trading based on machine learning already accounts for 60-70% of equity transaction volumes in
Recent crises and trade tensions have revealed that EU reliance on foreign suppliers can pose serious risks, especially for essential goods. This column provides a
Understanding how US monetary policy is transmitted to foreign economies has long been a challenge for policymakers and researchers. This column shows that the domestic
Ukraine’s grid operators have primarily relied on rotational outages to manage power scarcity, but this effectively functions as regressive tax on those least equipped to
Recent debates have highlighted the trade-offs between maintaining openness to foreign capital and safeguarding macroeconomic and financial stability, but measuring the level of capital account
Across much of sub-Saharan Africa, growth is arriving without the factory boom that shaped earlier development miracles. Instead, workers are leaving farms for non-tradable consumer
Little is known about how firms think about rare macroeconomic disasters and how these beliefs shape their decisions. This column uses survey evidence from a
Tariffs have returned as instruments of economic and geopolitical policy. Recent VoxEU columns document how the 2025 US escalation has disrupted trade flows, supply chains,