The narrowing path: Trade and development in a new era
For decades, international trade has been a powerful engine of development. Countries like South Korea and China achieved remarkable transformations – moving from low-income agricultural
Capital cities lead, while other cities lag in the EU
It is widely assumed that cities are the engines driving national and regional growth. This column analyses productivity dynamics across metropolitan regions in Europe over
After ‘the change’: How menopause affects women’s labour and health outcomes
The labour costs associated with the menopause transition have been largely understudied. Exploiting the individual timing of menopause, this column estimates the causal effects of
Wealth shocks tilt the balance toward self-insurance for long-term care
When older adults need paid long-term care, most rely on their own assets unless they hold private long-term care insurance or qualify for Medicaid. This
US-Japanese knowledge transfer programme in the aftermath of WWII
Following WWII, Japan experienced three decades of rapid productivity growth and convergence with the US. This column studies the Japanese Productivity Program, a joint US-Japanese
Brexit’s slow‑burn hit to the UK economy
The UK is once again debating why its economy has grown slowly since the mid‑2010s. This column examines the impact of the decision to leave
Following the tracks: How digital monitoring expands access to mechanization in agriculture.
Low agricultural productivity in developing countries is often linked to limited mechanization. Using tractors for land preparation can significantly increase farm productivity, but most farmers
Saudi Arabia’s new approach to disability: Inclusive, holistic, and future-ready
The Kingdom of Saudi Arabia is redefining how it supports persons with disabilities. Moving beyond a purely medical model, the Kingdom is adopting a more
Putting debt-strapped countries on a sustainable path
A paradox is unfolding across developing economies. On the bright side, inflation is finally abating. The oppressive interest rates of the last five years are
The economics of the second Trump administration
As soon as he took office for the second time, Donald Trump made it clear that there would be dramatic changes in US government policy.
