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.
The political economy of climate policy: Evidence from the American Clean Energy and Security Act
Comprehensive national climate legislation remains elusive in the US. Linking district-level employment to roll-call behaviour in the 2009 House vote on the American Clean Energy
Raising employment among women and older workers: A policy lever for ageing economies
Declining working-age populations are set to weigh on growth across economies where the European Bank for Reconstruction and Development invests and beyond, with demographic projections
Why EU innovation policy fails to promote disruptive innovation
Europe’s long-term prosperity depends on its ability to generate and absorb disruptive innovation. This column argues, however, that the European Commission’s proposed 2028–2034 Multiannual Financial
