The current US administration’s approach to financial markets and institutions mixes familiar deregulatory policies with a range of other policies…
Climate-related risks are increasingly recognised as an important threat to long-term fiscal sustainability. This column studies the extent to which…
Global export competitiveness is rapidly evolving. This column presents a novel granular decomposition of export market share changes into demand…
Workers often remain in their jobs even when they know they may get higher wages elsewhere, raising questions about the…
Digital currencies pegged to fiat money face a built-in tension between credibility and competition, creating a ‘stablecoin paradox’. This column…
The new US administration has made the Federal Reserve’s monetary policymaking more complicated both because of the elevated uncertainty regarding…
There is a growing push from certain quarters for the European Commission to weaken merger control in order to spur…
The US trade deficits will have to be reduced materially to prevent a crisis down the road. This column argues…
Productivity growth has been lacklustre over the past 20 years in most advanced economies. But standard productivity measures ignore the…
Financial markets are volatile, with extreme fluctuations ranging from the post-COVID bull run and the meme stock surges of 2021…