Problem versus opportunity: Implications of immigration for workers’ welfare and entrepreneurship in Germany

Recent worldwide socioeconomic and political developments have increased immigration pressure on developed economies. Receiving countries are putting enormous efforts into understanding the repercussions of immigration
What we can learn from the inequality revolution in prehistory

Wealth disparities among hunter-gatherers and farmers in Neolithic western Eurasia (11,700 to 5,300 years ago) were less substantial than the inequalities of the past five
FraNK: Fragmentation in the New Keynesian model

Geoeconomic fragmentation may have major implications for the global economy. This column uses using a multi-country New Keynesian model to analyse the effects of various
How Emerging Markets Can Boost Resilience to Debt Shocks

Unanticipated debt increases hinder growth and drive inflation in emerging markets. Fiscal frameworks and buffers, consolidation strategies, and coordinated policies can mitigate these challenges and
How Asia’s Central Banks Can Leverage Innovation in Peer-to-Peer Lending Markets

The rapid growth and regulation of peer-to-peer online lending in the People’s Republic of China highlight its impact on financial stability and monetary policy transmission.
How Performance Audits Can Drive Efficiency and Development Impact

Performance audits play a crucial role in improving the management and use of public funds, resulting in more effective and efficient government operations. Enhancing the
It’s time for the European Union to rethink personal social networking

The European Union’s Digital Markets Act (DMA) includes interoperability requirements for messaging services but not for personal social networking platforms. These gatekeeper platforms have seen little increase
Long-term care policies in practice: a European perspective

This paper offers a comprehensive study of the long-term care (LTC) systems in Germany, France, Slovenia, Italy and Denmark. In many EU countries, the demand
The US defence industrial base can no longer reliably supply Europe

The United States under the outgoing Biden administration has supported the transatlantic relationship, both through NATO and by providing support to Ukraine. At the same
Finance for nature: how to improve funding for the protection of biodiversity

The economics of biodiversity are still little understood and the loss of nature, which provides pollination, clean water and other ecosystem services, is often considered

