GECMagz

From tariffs to trade flows: Diversion effects and China’s exports to the EU

Following sharply increased US tariffs on imports from China, concerns have been voiced that Chinese exporters might shift their exports…

1 month ago

A tale of two financial center’s: Brexit uncertainty and the fragility of cross-border capital flows

The UK vote to leave the EU in June 2016 generated an immediate political shock that was accompanied by a…

1 month ago

Mortgage borrower actions dampen the impact of higher rates on monthly payments

The global surge in inflation following the COVID-19 pandemic prompted many central banks to raise interest rates sharply. A key…

1 month ago

Geopolitical risk and supply chain diversification

Geopolitical risks are reshaping global production, yet little is known about how firms reallocate their supply chains in response. Using…

1 month ago

The EU’s path to service growth and clean tech

The US is taking actions to reshore manufacturing while largely abandoning decarbonisation. This column argues that, in response, the EU…

1 month ago

The distributional consequences of cost-sharing in universal healthcare

Across Europe, the promise of universal healthcare is under renewed scrutiny. Even in systems with near-universal coverage, policymakers face growing…

1 month ago

EU capital markets reform should focus on innovation investment

While the European Commission launches new legislative proposals to reform EU capital markets (European Commission 2025a), as part of its…

1 month ago

Trade risk and optimal trade policy: Lessons from food security

Global trade has become risky. Geopolitical conflict, trade policy uncertainty, and the risk of shipping disruptions are now on the…

1 month ago

Banking on inattention: When deposits hedge or amplify interest rate risk

Deposits are US banks’ primary funding source; they are typically cheap, abundant, and slow to reprice. Many households keep substantial…

1 month ago

How AI is affecting productivity and jobs in Europe

Artificial intelligence promises to reshape economies worldwide, but firm-level evidence on its effects in Europe remains scarce. This column uses…

1 month ago