Global current account imbalances are widening again. China’s surpluses have prompted warnings of a second ‘China shock’, and research on…
High-growth startups often lose money before they make it. Building a product, hiring a team, entering new markets, and acquiring…
The 2026 Middle East conflict and the disruption of traffic through the Strait of Hormuz generated the largest physical supply…
Europe’s automotive industry is one of the continent’s key industrial sectors, not only because of its direct contribution to employment,…
Is the decline in news consumption among young people inevitable? This article reports on a large-scale randomized controlled trial conducted…
The Bank of England is approaching the 30th anniversary of operational independence and a wide-ranging review is likely. With growing…
Modern manufacturing often requires firms to share confidential information with outside suppliers, some of whom also supply their competitors. Using…
The 2026 Iran war provides a natural experiment that allows model-free estimation of the price elasticity of US shale oil…
Industrial policy is back on the agenda across advanced economies, with a growing channelling support towards large incumbent firms on…
The labour force participation of women in the US peaked in 1997 and has stagnated since. This column argues that…