GECMagz

How financial authorities best respond to AI challenges

Artificial intelligence differs from other technological advancements in finance, such as the initial adoption of computers and automatic trading systems.…

2 days ago

The (un)intended consequences of export restrictions

Industrial raw materials such as nickel, cobalt, and rare earths are critical inputs in countless production processes, including renewable energy,…

2 days ago

Financial fragmentation as a vulnerability in euro area bond markets

As European governments scale up investment, bond market stability is more critical than ever. This column shows that financial fragmentation…

2 days ago

Then and now: A look back and ahead at the US federal budget

Economists have long warned of the negative consequences of excessive US public debt (e.g. Friedman 1988). Yet the US government’s…

6 days ago

When loss strikes twice: Health shocks and household financial distress

Financial distress affects roughly one in five adults in OECD countries (OECD 2024). It constrains access to credit, impairs labour…

6 days ago

Tariff avoidance and import measurement: Lessons from the first US-China trade war

Until 2018, the US-China trade data gap was in line with the discrepancies found in the bilateral trade data of…

6 days ago

European defense governance and financing

Europe must urgently strengthen its defence capabilities to secure strategic autonomy. The absence of such capacity leaves the continent vulnerable…

6 days ago

Conflict in dismissals: Evidence from ‘separations by mutual agreement’ in France

Dismissals are costly for firms to implement and have lasting consequences for workers. Two defining features of individual dismissals are…

1 week ago

The unbearable lightness of the sovereign greenium

Since Poland’s pioneering issuance in 2016, more than 30 governments and many government agencies have issued debt instruments labelled as…

1 week ago

Public money, private innovation: How government funding built – and sustains – America’s technological leadership

The US has long been the world’s innovation powerhouse. From semiconductors to the internet, from biotechnology to artificial intelligence, America’s…

1 week ago