China’s economy is deeply embedded in global supply chains and fluctuations in its growth can have worldwide repercussions. Combining novel…
Efforts to level the informational playing field across firms — by mandating data-sharing or expanding access to consumer risk information…
Many governments have to mitigate concerns about fiscal sustainability, without triggering near-term output losses or reversing progress on containing poverty…
Scientific research has long been recognised as a central driver of technological progress and economic growth (Romer 1990). It also…
Industrial policies are rarely connected to global imbalances. Yet, they are a key feature of many countries running persistent trade…
As governments expand industrial subsidies in the name of economic security, debate intensifies over whether such policies distort trade or…
As geopolitical tensions from Ukraine to the Middle East disrupt global supply chains, understanding how diverse commodity shocks affect the…
Sweden chose to stay outside the monetary union at its launch in 1999, following the recommendation of the government’s EMU…
As advanced economies age, firms increasingly rely on younger immigrants for physically demanding, entry-level jobs. This column presents evidence from…
China is undergoing a sharp demographic transition: rapid population ageing, a shrinking labour force, persistently low fertility, and continued urbanisation.…