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Relaunching Europe’s space economy

The global space sector is evolving rapidly. No longer limited to scientific missions and Cold War rivalries, it has become a critical arena for commercial

The market implications of industrial subsidies

Governments are increasingly employing industrial subsidies, raising questions about their market implications. This column undertakes a thorough econometric testing of the causal impacts of subsidies

Investment funds and euro disaster risk

Investment funds are important players in global financial markets. This column examines their behaviour and interaction with other investors during stress periods on European sovereign