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Economy Featured News World

Advantages and pitfalls of green public procurement as a European strategic tool

Green public procurement supports EU climate goals but may conflict with other objectives, creating trade-offs that challenge its effectiveness. Public procurement, or the purchasing of goods and services by governments, is among the most powerful policy tools available to the public sector. Accounting for nearly 14 percent of European Union GDP, it shapes markets, signals priorities and […]

Economy Featured Politics Technology World

AI misinformation and the value of trusted news

Artificial intelligence tools can now produce highly realistic text, images, and videos at almost no cost, prompting concerns that the proliferation of fabricated content may mean mainstream news outlets lose both the trust and demand of their audience. This column reports the results of a field experiment in partnership with one of Germany’s most respected […]

Energy Environment Featured Technology World

$488.6mln battery project to help Oman achieve green energy goals

The investment will be implemented in phases over four to six years. The first phase alone is valued over OMR73 million. With a project investment of over OMR188 million for the manufacturing of batteries, the shift towards cleaner sources of en energy will get a major boost. It will help Oman in achieving net-zero greenhouse […]

Business Energy Featured

Oman Investment Authority launches Energy Transition Fund

The presence of Templewater in Muscat will also support knowledge transfer, training opportunities, and capacity building for Omani talent in priority sectors. Oman Investment Authority (OIA) has announced the launch of the Energy Transition Fund, a joint initiative between Future Fund Oman and Templewater, a leading alternative asset management firm in Asia. This initiative, first […]

Economy Featured Finance News World

How institutions interact with exchange rates after the 2024 US presidential election

Within minutes of the result of the 2024 US presidential election becoming clear, it triggered a global tremor in currency markets. This column investigates how institutional quality shaped currency responses to the election, using high-frequency exchange rate data for 73 countries. Virtually all currencies depreciated against the dollar immediately following the election result, which markets […]

trade Economy Featured News World

The (non) effect of tariffs on manufacturing employment

The two most prominent arguments President Trump has advanced for his trade war – both during the early months of his second term, and for decades prior – are that protectionism will reduce the trade deficit and increase manufacturing employment. This column, taken from a CEPR book on the economic consequences of the second Trump […]

Environment Employment Featured News World

The environmental impacts of export booms in Brazil

Export booms can boost formal job growth and lead to greener employment. In Brazil, between 2000 and 2020, municipalities more exposed to exports showed higher employment growth. A 1% increase in exports led to a 0.4% increase in formal jobs three years later. While environmentally risky jobs tend to rise more rapidly in the short run, […]

Employment Business Featured Finance World

The ‘silver spoon’ is becoming more important in the Netherlands

Wealthy parents influence their children’s wealth directly – such as through inheritances or gifts – and indirectly, through family and environmental factors. This column compares the wealth positions of parents in the Netherlands in 1992 and their children in 2022. Children with wealthier parents consistently attain higher wealth rankings compared to their peers, especially among […]

poverty Employment Featured World

How wage inequality affects the labour movement

The negative correlation between inequality and unionisation rates in the US has been extensively documented, but while the other direction of causality – the impact of inequality on the labour movement – has also been theorised, it has not been empirically tested. This column uses three distinct research settings to show how rising occupational wage […]