The US-China trade war created jobs (elsewhere)
In June 2016, Donald Trump justified the protectionist policies during his first administration as “the quickest way to bring our jobs back to our country”.
Micro and macro cost-price dynamics in normal times and during inflation surges
Recent evolutions in US attitudes and policies have raised questions about the future of the dollar’s role in the global economy. This column explores a
Industrial policy lessons from East Germany’s privatisation
There has been renewed interest in industrial policy as a tool to reshape the structure of economic activity, but little evidence exists on the successful
Anatomy of the Phillips curve
The Phillips curve describes the relationship between inflation and real economic activity over the business cycle. This column challenges the notion that the Phillips curve
What will it cost to build the cities of the future?
Cities are engines of economic growth and job creation, and their future pathways will shape global development outcomes for decades to come. But the success
Shifting gears: how the private sector can be an engine of growth in MENA
The global economy is facing heightened uncertainty, clouding economic forecasts. In our recently launched April 2025 Middle East and North Africa Economic Update , we report that
Tariffs across the supply chain
Tariffs disrupt trade flows and influence prices, but their broader impact depends on how they are structured and the type of goods targeted. This column
India-China rapprochement: what are the long-term prospects?
Despite signs of cautious improvement, India-China relations remain deeply strained by border tensions and mutual distrust. China-India relations, which have long been fraught, were further
Geopolitical risks and the effectiveness of the EU cohesion policy
Geopolitical issues are flooding current political and economic debate, but evidence is limited on their interplay with structural policies. Combining information on geopolitical risks and
Moderate growth amid global trade uncertainty: The Commission’s Spring 2025 Forecast
President Trump’s sweeping “reciprocal tariffs” announced on 2 April sent shockwaves through the global economy. This column introduces the European Commission’s Spring Forecast, which depicts
