Tackling India’s jobs plight: underutilised levers and lessons from China
Despite strong GDP growth and a favourable demographic profile, India faces an impending jobs crisis. A large share of the workforce remains employed in low-productivity
Capitalising on Europe’s strengths
In recent years, the European economy has shown remarkable resilience, whilst continuing to transform. This column reveals how EU firms have adapted supply chains and
Central bank digital currency, the future of money, and politics
A number of concerns have been raised regarding retail central bank digital currency. These range from competition and innovation, privacy issues, and monetary sovereignty. This
Ray of hope? The rise of solar energy in China
China’s solar industry is a poster child for the country’s economic rise over the last four decades. The output of Chinese solar grew by 76%
Reforming European defence procurement to boost military innovation and startups
European defence procurement practices must evolve to embrace innovative startups and small firms, in order to meet modern battlefield needs. The war in Ukraine has demonstrated how
The case for a European Union digital enforcement authority
The European Union’s digital rulebook could be better enforced by delegating some of the European Commission’s powers to an independent agency. The European Commission plays
The non-fungible token bubble: What investors actually earned
The non-fungible token market exploded in 2021, but by late 2022 prices had collapsed. This column uses blockchain records for two major non-fungible token platforms
A wartime labour market: The case of Ukraine
The full-scale Russian invasion of Ukraine in 2022 has generated one of the largest labour supply and reallocation shocks in recent history. This column reveals,
AI and the distribution of income between capital and labour
The swift rise of artificial intelligence is raising fundamental concerns about the future of work. This column uses data from 238 regions across 21 European
Fiscal drag in Europe: How inflation is quietly affecting public revenue
The 2022 inflationary spike in Europe has brought renewed interest in fiscal drag. Using harmonised microdata for 21 European countries, this column documents that the
