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
New eBook: Trump’s Great Trade Hack
President Trump’s 2025 tariffs mark the onset of the post-American leadership era. This column introduces The Great Trade Hack, a new CEPR Rapid Response book
Big techs’ AI empire
Advances in AI are transforming the economy. Behind this wave of visible innovation lies a less visible but significant trend: the role of large technology
What the financial sector needs to know about climate-related risks in the next five years: Navigating the new NGFS short-term scenarios for Europe
The immediate effects of climate-related risks are particularly relevant for the financial sector. Climate stress tests, which are often carried out over three to five-year
Lessons for the European Central Bank from the 2021-2023 inflationary episode
Since mid-2021, the euro-area economy has gone through several shocks, leading to the highest inflation since the creation of the European Monetary Union. A forceful
Empowering Africa’s future: How Higher Education Centers of Excellence are driving innovation
A thriving economy is built on talent. Across Africa, the job market faces a growing shortage of highly skilled professionals in critical fields such as
Agrifood powers economies and jobs across Europe and Central Asia
As economies develop, it is often assumed that agriculture becomes less relevant a small slice of GDP and a shrinking share of employment. But evidence
Avoiding Kindleberger’s trap: A dollar coalition of the willing
In the event of dysfunction in dollar funding markets, the Federal Reserve can supply liquidity through standing central bank swaps. This column considers a scenario
Why monetary policy should crack down harder during high inflation
The recent surge in inflation has led to a significant increase in the frequency of price changes. This column argues that price flexibility has an
Short-term labour mobility drives innovation in Africa
A growing body of research highlights the importance of mobility in the global knowledge economy, but has largely focused on high-income countries. This column addresses
