Geopolitical risk and supply chain diversification
Geopolitical risks are reshaping global production, yet little is known about how firms reallocate their supply chains in response. Using parent-affiliate matched data on Japanese
The gender wage gap and what firms have to do with it
Early explanations for gender wage gaps focused on human capital or career choices. This column uses data from the US and ten European countries to
Creating high-opportunity neighbourhoods: Evidence from the HOPE VI programme
Income segregation in the US has increased over the past four decades, restricting access to opportunity for many low-income families. This column reports on a
The venture capital challenge for Europe
In recent decades, European firms’ share of global venture investment activity has remained flat or even declined. This gap is linked to a lower rate
Saudi Arabia’s trade surplus exceeds $5.86bln in November 2025, posting 70% annual growth
The data showed that the trade balance grew by 5.2% month-on-month. Saudi Arabia’s trade balance recorded a surplus of SR22.3 billion during November 2025, achieving
Maersk unit signs deal with DP World to buy 37.5% stake in Saudi terminal
UAE ports operator to retain 62.5% stake, continue to lead operations. Global shipping giant Maersk’s subsidiary, APM Terminals, is acquiring a significant stake in the
Rethinking existing tax schemes for political giving and charitable donations
Charitable and political donations are both eligible for tax relief in many countries. This column uses survey data from France to examine responses to different
The economics of the Kalshi prediction market
Kalshi has operated as a federally licensed prediction market in the US since 2021, free from the strict stake limits placed on previous legal prediction
The distributional consequences of cost-sharing in universal healthcare
Copayments and user fees are widely used across European health systems as a way to limit public expenditures and influence utilisation. This column exploits a
EU capital markets reform should focus on innovation investment
The European Commission has launched another attempt to reform capital markets, rebranded as the ‘Savings and Investment Union’. This column summarises findings from a new
