Dangerous liaisons: Debt supply and convenience yield spillovers in the euro area
Governments in advanced economies face growing pressure to increase public spending. This column finds that debt issuance in euro area countries whose bonds are considered
Banks lose, someone gains: Households’ unequal exposure to financial distress
The question of whether the burden of distress in the banking sector is shared equally among households or distributed unevenly has been on top of
Joining competition policy with trade and industrial policy: Let’s get specific – Part 2
Calls for a ‘joined-up approach’ linking competition, trade and industrial policy have finally been heard in Europe. This second in a two-column series looks at
Joining competition policy with trade and industrial policy: let’s get specific – part 1
In his report on European competitiveness, Mario Draghi argued that “industrial, competition and trade policies interact closely, and must be aligned as part of an
The broken link in structural transformation: Jobless development
Persistent differences in per capita incomes are usually attributed to productivity differentials. But countries also converge to widely different employment-to-population ratios. This column shows that
Changes to firms’ service delivery post-Brexit
Services can be supplied through cross-border trade, consumption abroad, commercial presence, and the presence of a natural person. The choice of delivery mode and the
WOW Summit is to Announce Details: Agenda and Speakers are Here to Thrill
The event organizers shared some topics to discuss at the WOW Summit — and they are truly impressive. The WOW Summit is a global gathering
US entity list restrictions slow the innovation of Chinese firms and their US collaborators
Recent tensions between the US and China have raised the spectre of technological decoupling. This column explores the impact of US Entity List restrictions on
Double pricing of greenhouse gas emissions in shipping: Competitiveness, climate, and what to do about it
International shipping faces significant challenges as emissions trading schemes expand, potentially leading to overlapping greenhouse gas pricing mechanisms. Concerns are rising among shipping companies that
The impact of trade on anti-globalisation voting: Evidence from France
Anti-globalisation sentiment has risen significantly in recent decades. Focusing on French voting patterns since 1981, this column analyses the relationship between anti-globalisation votes and local
