Globally declining birth rates have, over the last seven decades, slowed population growth and raised average ages. This column argues…
Quantitative easing (QE) has been a pivotal monetary policy tool during periods when short-term interest rates are pinned at the…
Artificial intelligence is already reshaping the economy and society. This column analyses how AI affects firms, markets, and workers using…
Poverty is not a static condition but a dynamic process, and measuring it as such reveals challenges that annual snapshots…
The rapid digitalisation of banking and the widespread use of social media are transforming competition for retail deposits. Using US…
Governments around the world increasingly rely on capital taxation to raise revenue and reduce inequality. Temporary tax holidays on dividends,…
Debt sustainability analysis typically focuses on debt stocks and the interest rate-growth rate differential, but these are not perfect predictors…
Despite major institutional reforms, the European Banking Union remains incomplete. Banking markets remain fragmented along national lines, which constrains Europe’s…
As digital, environmental, and demographic transformations reshape labour markets, skills influence who benefits from these changes and who falls behind.…
European banking remains fragmented, leaving billions of euros inefficiently allocated. Reforms to establish a European deposit insurance system have been…