A smarter approach to electricity rationing
Ukraine’s grid operators have primarily relied on rotational outages to manage power scarcity, but this effectively functions as regressive tax on those least equipped to
The dollar’s status through the lens of foreign exchange reserves
The US dollar’s share of global foreign exchange reserves has fallen since the 1990s. This column argues that changes in aggregate reserve shares conflate two
Trade risk and optimal trade policy: Lessons from food security
Geopolitical shocks and trade disruptions have made imports less reliable, especially for essential goods like food. This column outlines a framework where trade costs are
Northern insights: Measuring geopolitical risk through Finnish news media
Much of what we know about geopolitical risk is filtered through a narrow informational lens of global English-language media. This column constructs a geopolitical risk
Gold gains as geopolitical risks and Fed rate-cut bets boost demand
Maduro pleaded not guilty on Monday when he appeared in a New York court on charges of narco-terrorism and possession of machine guns and destructive
Tariffs, deals and multilateral ideals: can the World Trade Organization survive?
The Trump administration’s trade policy accelerates the WTO’s decline and challenges global trade governance. The second administration of United States President Donald Trump has shaken
How European consumers respond to US tariffs
Faced with the prospect of the US government imposing higher trade tariffs, European consumers are rethinking what they buy. This column explores how European consumers
Too much of a good thing: The role of the global US dollar
A confluence of negative forces – some the result of self-inflicted wounds and rising uncertainty about US policies and others relating to global developments and
The state of globalisation: A new eBook
Three forces have always shaped globalisation – technology, policies, and geopolitics. What distinguishes the current moment is that all three are accelerating simultaneously but in
