Public debt-to-GDP ratios have climbed to record highs in most advanced countries, triggering a heated debate about their sustainability and macroeconomic implications (Blanchard et al.
Artificial intelligence is widely seen as a transformative force for productivity and innovation. Yet, its macroeconomic implications remain uncertain, especially from a global perspective. This
Tariffs disrupt trade flows and influence prices, but their broader impact depends on how they are structured and the type of goods targeted. This column
Recent years have seen a global shift towards illiberal forms of governance, where democratic institutions and liberal norms are progressively undermined. These regime transitions carry
The world has experienced a digital revolution that has affected countless aspects of our lives, posing both potential benefits and risks to our wellbeing. This
The last decade has been characterised by an increase in global political tensions that have amplified economic uncertainty worldwide (Campos et al. 2023). A series
Cities have faced a host of shocks throughout history. Wars, natural disasters, pandemics, and technological shocks have all impacted city structure (i.e. the spatial distribution
The US introduction of wide-ranging “Liberation Day” tariffs on all its trading partners is set to have far-reaching consequences for international trade patterns and the
In 1989, New Zealand’s central bank moved to a new method for controlling inflation that has since become known as ‘inflation targeting’. In subsequent decades,