GECMagz

Industrial policy, tariffs, and the return of global imbalances

Has the rise of industrial policy driven an increase in global current account imbalances? Can tariffs fix them? This column…

2 months ago

Corporate net zero targets: Neither greenwashing nor a gamechanger

Net zero commitments have become a central feature of corporate climate strategy. This column analyses whether firms adopting such targets…

2 months ago

A more resilient Europe faces a renewed energy shock – but difficult trade-offs may resurface

The conflict in the Middle East has triggered a renewed energy shock for Europe. While the macroeconomic impact is currently…

2 months ago

Financial stability in the age of artificial intelligence: The role of algorithmic architecture

Artificial intelligence (AI) is playing a growing role in finance. Algorithmic trading based on machine learning already accounts for 60-70%…

2 months ago

From openness to vulnerability: Mapping the EU’s foreign dependencies and geopolitical exposure

Recent crises and trade tensions have revealed that EU reliance on foreign suppliers can pose serious risks, especially for essential…

2 months ago

Beyond borders, within societies: Inequality and the global transmission of US monetary policy

Understanding how US monetary policy is transmitted to foreign economies has long been a challenge for policymakers and researchers. This…

2 months ago

A smarter approach to electricity rationing

Ukraine’s grid operators have primarily relied on rotational outages to manage power scarcity, but this effectively functions as regressive tax…

2 months ago

Measuring capital account openness: Why intensity matters

Recent debates have highlighted the trade-offs between maintaining openness to foreign capital and safeguarding macroeconomic and financial stability, but measuring…

2 months ago

When energy shocks bite harder: Non-linear inflation dynamics

The conflict in the Middle East has once again exposed the euro area to sizeable energy shocks. One key lesson…

2 months ago

Skipping the factory: Service-led growth in sub-Saharan Africa

Across much of sub-Saharan Africa, growth is arriving without the factory boom that shaped earlier development miracles. Instead, workers are…

2 months ago