GECMagz

Artificial intelligence and workers’ wellbeing: Lessons from Germany’s early experience

Artificial intelligence may reduce the need for physically demanding tasks, but it could also erode job satisfaction, intensify cognitive load,…

6 months ago

The pricing of profit shifting

Profit shifting by multinational enterprises increases after-tax earnings but can expose firms to regulatory and reputational risks. This column uses…

6 months ago

Fighting the Mafia boosts bank lending and local growth

The EU is determined to clamp down on organised crime’s infiltration of legitimate businesses and banking. This column shows that…

6 months ago

Wars, taxation, and representation

In the grand sweep of history over the last millennium, political divergence between Europe and contemporaneous world civilisations preceded economic…

6 months ago

How European consumers respond to US tariffs

The newly imposed US trade tariffs on European products are causing European consumers to think twice what’s in their shopping…

6 months ago

Uneven vulnerabilities: A global index of climate risk for countries

Climate risk is at ‘code red’ level for the entire of humanity, prompting investors and policymakers to focus not only…

7 months ago

In the new geopolitical context, Europe’s banking discussions need to go beyond competitiveness

Europe has recently pivoted to regulatory simplification with the aim to boost competitiveness. This column argues that in banking the…

7 months ago

Lessons for rebuilding Ukraine from economic recoveries after natural disasters

Although the source and duration of the destruction differ, wars and natural disasters disrupt economies in similar ways. This column…

7 months ago

The supply side of monetary policy: How floating-rate loans blunt the ECB’s fight against inflation

Central bankers increase interest rates to discourage investment and consumption and hence lower inflation. This view, embedded in standard macroeconomic…

7 months ago

The battle for trade currency dominance: The dollar vs the renminbi in Argentina

The US dollar is by far the most important currency for handling international trade payments (Boz et al. 2020). Could…

7 months ago