Between values and interests: drivers of EU aid
EU aid is still more poverty-focused than peers, but external policy drivers are growing and reshaping development cooperation after Global Gateway. This paper examines whether
How do trade restrictiveness and trade policy uncertainty affect FDI? An empirical investigation
Rising trade barriers and uncertainty are choking FDI inflows, hitting low and middle-income investors hardest in a fragmented global economy. In the context of rising
Global trade linkages and the cross-country distribution of the gains from AI
Productivity gains from AI are expected to be significant, but how international trade shapes the cross-country distribution of these gains remains an open question. This
Global economic outlook hangs in balance between geopolitical headwinds and AI boost, WEF Chief Economists’ Outlook warns
Nearly nine in ten chief economists surveyed expect global growth to weaken over the next 12 months. The global economic outlook has deteriorated sharply in
Gold falls as dollar and yields climb, inflation pressures hover
Despite being an inflation hedge, gold struggles in an elevated interest rate environment. Gold eased on Thursday, pressured by a stronger U.S. dollar and high
Europe needs a strategy to close the artificial intelligence compute gap
In its bid to compete with the US on AI, Europe could learn from both China and from the classic Airbus industrial policy case. The
Unlocking the benefits of green water flows for growth and development
At the Global Facility for Transboundary Waters, when we speak with stakeholders about transboundary water management, the conversation almost always centers on the stewardship of what
Mapping 20 years of change in the global liner shipping network
Connections to global markets and supplies are a precondition for trade driven development, investments, and jobs. Here, we analyze how the global shipping network has
The nitrogen paradox: Every sweet hath its sour
When the philosopher and poet Ralph Waldo Emerson wrote in 1841, “Every sweet hath its sour; every evil its good”, nitrogen was surely the last
How the tariff war shock affected the ‘safe asset’ privilege of US Treasuries
US Treasury securities serve as the global safe asset due to their extreme safety and liquidity. However, the tariff shock in April 2025 led to
