US-China high-tech friction and Japan’s response: Implications from a comparison of innovation processes
The competition being fought between the US and China in cutting-edge technology fields friction is also affecting basic research activities at universities and other public
Europe should innovate on defence, play it safe on debt
Strengthening existing safe assets should be a strategic priority for any new joint borrowing. Europe’s looming defence spending needs will put new demands on public
Dynamism in generative AI markets since the release of ChatGPT
The success of ChatGPT has raised fears that the excessive concentration of generative AI technology within one or two leading US companies could reduce market
Nature markets: how can credits and shares provide durable, additional finance?
Nature markets can boost conservation funding, but strong standards and public support are vital for lasting, equitable ecological benefits Natural ecosystems are declining rapidly, ultimately threatening economies,
Climate change, firms, and aggregate productivity
Policy debates around climate change frequently focus on the trade-off between the near-term costs of reducing carbon emissions and the long-term benefits of mitigating climate
Too much of a good thing: The role of the global US dollar
A confluence of negative forces – some the result of self-inflicted wounds and rising uncertainty about US policies and others relating to global developments and
Global action without global governance: A four-pillar strategy for climate and nature
Advanced economies alone can no longer determine climate outcomes. Emerging and developing economies – home to two-thirds of current emissions and most of the world’s
A cold case (over 160 years old): The effects of unification on Italy’s North-South divide
Few economic debates have lasted as long as the 160-year debate concerning the effects of Italian unification on the economies of Italy’s South and North.
Generative AI in universities: Grades up, signals down, skills in flux
Student use of artificial intelligence is reshaping learning and redefining the skills of future workers. This column examines the impact of generative AI tools on
The State of Development Journals 2025: Quality, Acceptance Rates, Review Times, Open Access, and What’s New
This is the ninth in my annual series of efforts to put together data on development economics journals that is not otherwise publicly available or
