With public debt at high peacetime levels, how advanced economies can reduce debt burdens is again at the centre of policy debate. This column examines
Solar and wind have become the cheapest sources of new electricity almost everywhere, yet Europe is now switching them off in record numbers. This column
Emerging markets are vulnerable to sudden shifts in investor sentiment, which can lead to pressure on exchange rates and financing conditions. Using panel evidence from
Trade wars do not simply redirect exports; they also reshape the costs of production, disrupt supplier-customer relationships, and trigger adjustments within multinational firms’ global affiliate
Forecasts of AI-driven job destruction rest on counting automatable tasks. But labour markets hire, pay, and fire whole occupations, not tasks – and occupations have
US federal government debt exceeded $40 trillion for the first time on 18 August 2026. This prompted warnings about fiscal credibility and sustainability, and the