The global impact of AI: Mind the gap
Artificial intelligence is widely seen as a transformative force for productivity and innovation. Yet, its macroeconomic implications remain uncertain, especially from a global perspective. This
EU almost on track to reach 2030 climate goal
The European Union is nearly on track to reach its main climate target for this decade, with countries’ existing CO2-cutting plans set to bring the
When upskilling is good but not enough: Understanding labour shortages through a job-quality lens
Advanced economies are still experiencing labour shortages in the aftermath of the COVID-19 pandemic. This column examines the high labour shortages across OECD countries, focusing
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
Extreme weather and nature loss: can the private sector be part of the infrastructure solution?
In 2018, after 3 years of droughts, the city of Cape Town in South Africa faced severe water shortages. Dam reservoir capacity had dropped to
Recent trade policy actions: Insights from multiple models
Recent tariff measures by the US and countermeasures by its trading partners have dominated global policy debates. Using three economic models, this column shows how
Trade policy for developing economies
Developing economies face a far more challenging international trade environment than they did at the start of the 21st century. Yet trade remains an essential
Monetary policy spillovers in the global economy
Over and over in the history of the international monetary system, national policymakers have pointed to – and voiced concerns about – the effects of
