Hidden exposures in domestic supply chains: The spread of foreign trade risks
Understanding how foreign shocks affect economies has become a policy priority. Using domestic firm-to-firm transaction data matched with customs records, this column shows that Italy’s
World’s central banks are wary of AI and struggling to quit the dollar, survey shows
The primary concern is that AI-driven behaviour could “accelerate future crises,” the survey showed. Artificial Intelligence is not a core part of operations at most
Understanding US foreign military sales globally since 2008: an analysis of a new dataset
This paper introduces a new and unique dataset of all United States Foreign Military Sales (FMS) programme notifications from 2008 to September 2025. The dataset covers purchasing
India lures foreign investors back with big ticket block trades
The block trades were well bought by overseas investors, according to bankers. They marked the highest monthly total in almost a year and a huge
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
Miran, we’re not in Triffin land anymore
Stephen Miran, Chair of the US Council of Economic Advisers, claims that we live in ‘the world of Triffin’, meaning that foreign official accumulation of
