GECMagz

The lasting economic scars of war

The world is once again mobilising for war. Military budgets have surged to levels unseen since the Cold War, driven…

4 months ago

Political polarisation drives talent away: Evidence from Spain’s health sector

Political polarisation is a defining feature of modern societies (Boxell 2021). Not only does it shape elections and policy debates,…

5 months ago

Data, power and emissions: How AI’s growth may slow down the green transition

Quantifying the carbon footprint of AI is an increasingly urgent task. Policymakers are debating whether the surge in electricity demand…

5 months ago

The macroeconomic implications of extreme weather events: Insights from advanced economies

Extreme weather events – such as catastrophic floods or prolonged heatwaves – are increasing in frequency and intensity (IPCC 2021).…

5 months ago

Africa’s domestic debt boom: New evidence from the African Debt Database

Over the past two decades, Africa’s public debt landscape has undergone a profound transformation. The continent’s total public debt has…

5 months ago

How tariffs hurt the ones you love

In early 2025, ruling by emergency decree (Fayyad 2025), US President Donald Trump imposed steep and broad tariffs against the…

5 months ago

Multi-issuer stable coins: A threat to financial stability

Stablecoins – digital tokens pegged to fiat currencies – have emerged as a major innovation in crypto finance, with broad…

5 months ago

Leading firms are falling behind in developing East Asia

For decades, East Asia has been a paragon of economic dynamism. But today, in an era of rapid global technological…

5 months ago

The impact of interest: How loan rates shape firm investment

Monetary policy moves aggregate investment, but the underlying drivers remain unclear. This column opens the black box with a German…

5 months ago

Speaking of debt: Framing, guilt, and economic choices

In many Germanic languages, the commonly used word for “debt” also means “guilt”, which carries a strong moral connotation. Commentators…

5 months ago