Building Resilience in Europe and Central Asia: A Smart Investment for Growth and Jobs

The data is clear: Investments in adaptation and resilience deliver high economic returns but remain insufficient and poorly targeted. Evidence shows that targeted, early investments
The different effects of oil and gas supply shocks on euro area inflation

The surge in energy prices since March 2026 has revived questions about the pass-through to consumer prices. This column argues that oil supply shocks have
Capitalising on Europe’s strengths

In recent years, the European economy has shown remarkable resilience, whilst continuing to transform. This column reveals how EU firms have adapted supply chains and
A wartime labour market: The case of Ukraine

The full-scale Russian invasion of Ukraine in 2022 has generated one of the largest labour supply and reallocation shocks in recent history. This column reveals,
EHC Investment, Supermicro to develop sovereign AI modular data centres

This collaboration reflects a shared commitment to accelerating the availability of high-performance, energy-efficient, and sovereign AI-ready digital infrastructure. EHC Investment, a subsidiary of International Holding
Defragmenting European Union climate policy

Simplification without carbon price convergence risks deeper fragmentation, higher costs and weaker credibility for the EU’s climate target. Executive summary There is broad agreement that the European
Productivity, firm size, and why distortions hurt developing economies

In many developing countries, productive firms remain too small, while less productive firms are too large. Such misallocation contributes to losses in aggregate productivity. This
The market value of non-degree credentials: New evidence from 37 million US workers

Non-degree credentials are rapidly multiplying as alternatives to traditional higher education, but in a largely unregulated market. This column draws on nearly 40 million US
An analysis of the EU telecom sector’s ability to remunerate its cost of capital

The EU’s digital economy relies on investments by the telecoms industry to keep the bloc at the forefront of digital innovation and connectivity. However, the
Winners and losers from remote work: How firm capabilities impact productivity

Work from home is now a permanent feature of how firms organise production, yet its effects on productivity remain unclear. Using new data covering all

