The economic impact of European capital market integration
Economic growth in Europe continues to lag behind that of the US, largely due to smaller productivity gains. This column uses a general equilibrium model
Working hours around the world
Working hours are a fundamental determinant of economic growth and wellbeing, but we still lack a comprehensive picture of how they vary globally and historically.
Soviet communism was not more successful at reducing inequality than other regimes
Inequality is a major concern for many economies, prompting the question of whether some regimes are more effective at reducing inequality than others. This column
How to manage migration in an ageing country
With working-age populations projected to decline rapidly, all European countries face an unprecedented demographic challenge. Inflows of regular foreign workers are thus key to support
Reinforced regional integration fosters inclusive growth and human development
Despite years of regional integration efforts, African countries trade more with Europe and Asia than with each other. This column estimates the gap between the
Strategic autonomy for Europe requires economic growth
The current US administration’s willingness to weaponise trade makes clear that transatlantic economic relations have become entirely transactional. This column, taken from a CEPR book
Economic development, carbon emissions and climate policies
If economic activity is considered the primary driver of climate change through emissions of carbon dioxide, then supporting economic growth and fighting emissions would appear
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,
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
Strong Japan GDP lifts yen, dollar steady as rate cut fervour cools slightly
Dollar on course to end week flat against EUR; lower against JPY, GBP. The dollar was largely steady against the euro and British pound on
