Is Europe ready for a major banking crisis?
Europe’s banks have long been slow to integrate across borders, but this is changing fast. ‘Pan-European banks’, with activities spanning several EU countries, are emerging
Education is a key to jobs, growth, and lifelong learning
Education is a foundation for good jobs and the surest way out of poverty. We know a good education equips learners with important foundational skills—literacy, numeracy,
Race cars and hydromet systems: What do they have in common?
Professional race cars and hydromet (weather, water, and climate forecasting) systems may seem worlds apart, but they have more in common than we realize. Both
A Three-Pronged Strategy Can Help Developing Economies Attract FDI and Unlock its Full Potential
Foreign direct investment (FDI) plays a critical role in the world economy. Global FDI flows averaged almost $2 trillion per year during the past decade, up
How developing countries can measure exposure to the EU’s carbon border adjustment mechanism
In January 2026, the European Union will require importers of certain carbon-intensive goods to pay for their products’ embodied carbon emissions. The policy, known as the
Future jobs: AI, robots, and jobs in developing countries
Studies of the impact of robots on labour markets often conceptualise jobs as bundles of distinct tasks. In such frameworks, technologies substitute or complement workers.
The aftermath of tariffs
The tariff spree during the first 100 days of the current US administration created bewildering economic policy chaos. The first 100 days also marked the
China’s electronics export juggernaut and lessons for the US
In 2021, China’s electronics exports exceeded those of the other five leading exporters combined. This column analyses the rise of China as a centre for
The Blue Bond proposal
How can the euro area’s return to fiscal sustainability be organised in view of soaring debt levels and the sovereign debt crisis? How can debts
The Chinese economy: stimulus without rebalancing
China’s growth model has continued to rely on expanding industrial capacity and exporting to the world, rather than on domestic consumption. This has lead to
