Economic growth in Europe continues to trail behind that of the US, largely due to smaller productivity gains. A key…
Commodity prices have historically been considered leading indicators of inflation, but the relationship has weakened since the mid-1980s, making them…
Infrastructure diplomacy has become a central arena for strategic competition. This column examines how China’s Belt and Road Initiative has…
Economic historians have long debated whether lagging regions can catch up in productivity with industrial leaders. This column shows that,…
Extreme heat events are becoming more frequent and intense with climate change. Children are particularly vulnerable to such environmental stressors.…
Household saving and labour supply are shaped by many risks – wages, marriage, health, longevity – as well as bequest…
Central banks facing post-pandemic inflation often considered ‘looking through’ supply shocks. Using a New Keynesian framework in which agents gradually…
Preliminary data releases can diverge significantly from subsequently revised figures, complicating economic policy decisions made in real time. The Great…
Loss of confidence in the US dollar’s reserve currency status could trigger a collapse of the US Treasury market and…
Public procurement contracts worldwide often face high risks of cost overruns and project delays, raising questions about the scope for…