Conditional budgeting: Striking a balance in EU economic governance
In July, the European Commission fired the starting gun on the negotiations of the next Multiannual Financial Framework – the EU’s budget. Against a tough
How the United States is eating Trump’s tariffs
Fed Chair Jerome Powell said tariffs accounted for perhaps 30-40 basis points of the latest core inflation reading of 2.9% but the effect should be
U.S. China trade tensions send Aussie sliding 1%, boost safe havens
Aussie slides as investors flock to safe-havens, yen strenghtens. The Australian dollar tumbled on Tuesday, while the safe-haven Swiss franc and Japanese yen strengthened as
The Great Divergence and the Great Reversal: A new approach to global economic history
The starkly different paths of economic and institutional development followed by China and the West is often attributed largely to the Industrial Revolution. This column
JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge
JPMorgan Chase announced plans on Monday to hire bankers and invest up to $10 billion in U.S. companies considered critical to national security and economic resilience
Convergence, not alignment: EU-China climate relations ahead of COP30
Trade and other tensions between the European Union and China should not be allowed to derail joint work to cut emissions. The COP30 United Nations
The macroeconomic impact of ageing, EU immigration policy and pension expenditures
The EU faces ageing-driven fiscal strain, slower growth and rising pension costs, making employment-focused migration increasingly vital. The European Union population is ageing increasingly rapidly,
Mobile phone ownership is widespread. Why is digital inclusion still lagging?
The increasing use of mobile phones is making a range of digital resources more widely available to people across the income spectrum. Eighty-four percent of
How the US South caught up: A century of manufacturing productivity convergence
Economic historians have long debated whether lagging regions can catch up in productivity with industrial leaders. This column shows that, under the right conditions, such
Protect to prosper: How nature-based tourism drives jobs and growth
That selfie you took on an idyllic white sand beach, in a sprawling city park, or atop a mountain range at sunset? It’s more than
