Little is known about how firms think about rare macroeconomic disasters and how these beliefs shape their decisions. This column…
Tariffs have returned as instruments of economic and geopolitical policy. Recent VoxEU columns document how the 2025 US escalation has…
Emissions trading systems (ETSs) have emerged as a pivotal mechanism aimed at fostering carbon mitigation by creating a market for…
The Credit Suisse crisis in 2023 demonstrated that foreign currency funding vulnerabilities remain material even in advanced, well-regulated financial systems.…
The US dollar’s share of globally allocated foreign exchange reserves has fallen from over 70% in the late 1990s to…
For years, the European fiscal landscape was characterised by a reliable, if tense, dichotomy: a frugal core led by Germany…
To estimate how AI is reshaping work, it is now standard to ask AI itself to score how exposed each…
The surge in energy prices since March 2026 has revived a familiar question among central bankers: how much of an…
The dramatic events unfolding globally—from wars and geopolitical upheavals to trade disruptions—have caught Europe unprepared. The Florence 2026 Report urges…
A growing debate has emerged over whether China risks repeating elements of Japan’s post-real estate bubble stagnation of the 1990s.…