EU member states are facing an important multi-year period of increased defence spending. 1 To boost defence capability, NATO allies have…
Macroeconomic forecasters have long struggled to accurately pinpoint the timing of future recessions. In response, an alternative approach using probabilistic…
Global services trade – as the future of global trade – is expanding rapidly (Baldwin et al. 2024, Cernat 2024,…
Governments often provide capital and other direct funding to banks and nonfinancial firms during economic crises. Government recapitalisation of banks…
The European Commission's Autumn 2025 forecast points to a subdued but positive growth outlook for all euro area member states…
The debate over whether US members of Congress should be allowed to trade individual stocks has moved from a niche…
Emerging markets have long been highly exposed to swings in global risk sentiment. During periods of heightened risk aversion –…
Many economies index their minimum wage to inflation to preserve its real value during inflationary periods. This column shows, however,…
Concerns about declining student achievements have become central in education debates, with teacher quality drawing attention as a key driver.…
The EU aims to finance common priorities in defence, energy transition, and digital infrastructure with supranational EU bonds. This column…