The global impact of AI: Mind the gap
Artificial intelligence is widely seen as a transformative force for productivity and innovation. Yet, its macroeconomic implications remain uncertain, especially from a global perspective. This
Migration and regime change: Outflows follow democratic decline, inflows fuel illiberal drift
Recent years have seen a global shift towards illiberal forms of governance. Migration is often a central force in these dynamics. This column investigates the
India-China rapprochement: what are the long-term prospects?
Despite signs of cautious improvement, India-China relations remain deeply strained by border tensions and mutual distrust. China-India relations, which have long been fraught, were further
Geopolitical risks and the effectiveness of the EU cohesion policy
Geopolitical issues are flooding current political and economic debate, but evidence is limited on their interplay with structural policies. Combining information on geopolitical risks and
How the EU should plan for global trade transformation
The major turbulence being experienced by the world economy could lead to a global recession and the collapse of the norms and institutions that have
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
The trade imbalance network and currency fluctuations
In recent years, concerns over global financial fragmentation have grown amid rising geopolitical tensions. This column integrates a network structure in a multi-country model with
Overcoming constraints: How banks helped US firms reroute their supply chains
Rising trade tensions and the pandemic have forced importers to reconfigure their supply chains – a complex and costly process. This column highlights the underappreciated
Crude realities: Shaky balance in oil’s supply and demand shifts
The first four months of the year have been turbulent for oil markets. Brent crude oil plunged by more than $12 per barrel ($/bbl) in
The Commodity Markets Outlook in eight charts
The views expressed in the Let’s Talk Development blog are solely those of the author(s). Commodity prices are projected to decline in 2025, driven by
