The EU’s Recovery and Resilience Facility: Experience and lessons for the next multiannual financial framework

The EU’s Recovery and Resilience Facility has become a central test case for performance-based fiscal policy. Its experience offers lessons for the design of the
The economic footprint of Europe’s defence build-up

Defence policy is usually discussed as a national security issue, but its economic effects are often highly local. This column presents new evidence from 1,011
Regulating platform work where informality matters: The Chilean case

Chile’s 2022 Platform Work Law was the first reform to address concerns about independent contractors of platform delivery and transportation services, a sector in which
Prevention at birth: Birthright citizenship reduces youth crime

When youth crime draws public attention, policymakers typically call for tougher policing and harsher sanctions, overlooking the crime-reducing benefits of early prevention – investments in
Planning for the rising fiscal costs of climate disasters

Low insurance coverage is turning EU governments into disaster insurers of last resort, strengthening the case for prevention and adaptation finance. Climate-related disasters are affecting
When private insurance buys faster access to public care

Supplemental private health insurance is becoming more common in universal healthcare systems as a way to secure faster access to specialists, diagnostics, and elective care.
Defence innovation and procurement reform: an empirical evaluation of the US Defense Innovation Unit

Battlefields are evolving rapidly, with new technologies reshaping military strategy and tactics. Many of the new technologies originate in firms outside the traditional defence sector,
How to secure the benefits of an EU-wide incorporation regime

An EU Inc. plan for a common company regime should become more targeted and be underpinned by better system infrastructure. On 18 March, the European
China’s real estate reckoning: Lessons from Japan’s lost decade

A growing debate has emerged over whether China risks repeating elements of Japan’s post-real estate bubble stagnation of the 1990s. This column compares China’s current
Connecting job seekers with buddies online

Supporting job seekers looking to change career has become particularly important as economies try to adjust to the digital and green transitions. This column reports

