Banking
The fiscal dominance view holds that politically captured central banks are more likely to be pushed into taking risky positions, while independent ones resist. This
July 7, 2026
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Article & News
Author: GECMagz
Economy
As tensions rise between major powers and the global trading system becomes more contested, policymakers often frame the choice they face starkly: either deeper centralised
July 7, 2026
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International Trade
Trade policy has become a major source of macroeconomic risk. The sharp rise in trade restrictions and the growing unpredictability of trade rules are reshaping
July 5, 2026
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Economy
Private capital markets have expanded rapidly, but access remains concentrated among wealthy investors. This column presents new evidence from the US which shows that high-net-worth
July 5, 2026
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News
As women gain political ground around the world, there is hope that the election of more women might also mean cleaner government. But is this
July 5, 2026
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International Trade
Bilateral trade shocks may reallocate demand and competition across countries, creating spillovers for firms in bystander countries. To study how firms respond to trade shocks
July 2, 2026
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International Trade
As global trade policy becomes increasingly protectionist, the threat of tariff retaliation looms large. This column analyses how the EU’s 2018 response to US steel
July 2, 2026
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Economy
Governments with well-designed fiscal rules generally enjoy lower yields but less is known about whether investors price compliance with these rules. Using a panel of
July 2, 2026
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International Trade
How much has trade policy changed globally? This column introduces the Trade Policy Activity Index, a monthly measure of policy changes across 197 economies since
June 30, 2026
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Finance
Emerging market economies hold foreign exchange reserves to insure against currency crises and to cushion exchange rate movements. Reserves are generally associated with lower sovereign
June 30, 2026
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