Inequality is a major concern for many economies, as it shapes social stability, economic growth, and overall wellbeing. Across the Western world, inequality has been
Many European countries have adopted the American model of doctoral training and academic evaluation. While this model suits America’s vast, mobile labour market, in Europe
Commodity prices have historically been considered leading indicators of inflation, but the relationship has weakened since the mid-1980s, making them less reliable predictors. This column
Infrastructure diplomacy has become a central arena for strategic competition. This column examines how China’s Belt and Road Initiative has reshaped Japan’s overseas infrastructure engagement
Economic historians have long debated whether lagging regions can catch up in productivity with industrial leaders. This column shows that, under the right conditions, such
Extreme heat events are becoming more frequent and intense with climate change. Children are particularly vulnerable to such environmental stressors. This column uses nationwide exam
Central banks facing post-pandemic inflation often considered ‘looking through’ supply shocks. Using a New Keynesian framework in which agents gradually learn whether a cost-push shock
Preliminary data releases can diverge significantly from subsequently revised figures, complicating economic policy decisions made in real time. The Great Inflation of the 1970s offers