Making markets work: The role of effective public institutions in enabling private sector growth and development
Of the roughly 3.74 billion people in the global workforce, about 400 million, or 11 percent, work in the public sector. These are the people who deliver essential services,
The European Union’s automotive sector needs a plan, not undue protection
European automotive policy should prioritise affordable competitiveness over protectionism, using resilience criteria and temporary safeguards. The European automotive industry faces significant challenges: electrification, Chinese competition
The energy transition: Progress and challenges
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
Productive firms can better spot and deploy their internal talent
When a job vacancy opens, the manager faces a choice: to hire from outside the organisation, or to fill the position with an existing employee
Building resilience to global financial shocks in emerging markets
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
Anatomy of a rise: Monetary policy and the post-Covid surge in long-term interest rates
The sharp rise in long-term interest rates since 2020 is difficult to explain from slow-moving fundamentals. This column shows that narrow windows around nonfarm payroll
Beyond trade diversion: How the US-China trade war reshaped global production
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
Why we spend so much time in meetings
Few features of modern work are as widely criticised as meetings. Using data from over 9,000 workers in Norway, this column examines how meetings are
New jobs in 140 years of data: Why the AI displacement fear is overstated — and what to worry about instead
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
Fiscal unsustainability and capture: $40 trillion Treasury debt does not measure the risks; enhanced long-term repurchases don’t improve them
US federal government debt exceeded $40 trillion in August 2026, triggering concerns about fiscal credibility and sustainability. This column argues that fiscal sustainability should be
