In recent decades, many developing countries – particularly in East Asia during the 1990s era of ‘hyper-globalisation’ – experienced unprecedented…
A central challenge for ageing Western societies is securing sustainable financing for long-term care (Araki et al. 2024). This is…
The UK is once again debating why its economy has grown slowly since the mid‑2010s. Real wages have barely risen,…
FinTech has transformed finance, but the broader effects of digital payments on consumers, businesses, and banks remain underexplored. This column…
Demographic change has long been a source of concern, but the nature of that concern has shifted profoundly. In the…
Budgetary planning in the euro area involves a codified interaction between national governments and the European Commission where economic and…
Understanding how foreign shocks affect economies has become a policy priority. Using domestic firm-to-firm transaction data matched with customs records,…
As the US and EU push forward with drug-pricing reforms, the topic has moved to the centre of political debate.…
Green debt has become a defining feature of sustainable finance, as firms and investors seek to align capital with climate…
Euro area insurers are among the largest institutional investors in the financial system. Managing several trillion euros in assets, their…