Politicians often wager their campaigns on big-ticket promises. Donald Trump rode to power in 2016 vowing to build a US–Mexico…
The introduction of value added taxes has been widely perceived as successful, boosting government revenue and stimulating industrialisation. This contrasts…
Forecasts play a pivotal role in fiscal policymaking. They are not simply attempts to predict the future but critical instruments…
While the collapse of the Bretton Woods system in 1973 has traditionally been seen as heralding a major shift towards…
Services are becoming increasingly important in global trade. This column shows that strong growth in services trade was driven by…
Banking crises have repeatedly inflicted serious damage on the real economy. This column discusses a new proposal for a public…
Moody’s downgraded the US Treasury from top notch by one notch. This second in a series of three columns describes…
Amid geopolitical shocks, the EU is revisiting its industrial strategy. However, traditional metrics often paint a misleading picture of Europe’s…
The causes and consequences of income and wealth inequality are central concerns in economic research and policy discussions. This column…
Geopolitical risk is on the rise worldwide, playing a critical role in shaping macroeconomic and financial developments, including output, inflation,…