IMF strategy chief urges countries to maintain price stability
Christian Mumssen, the fund’s new director of strategy, cited a rapid succession of major shocks to the economy in recent years. The International Monetary Fund’s
Harmonising access and reinventing the procurement of innovative medicines in Europe
Europe pays for innovative medicines through 27 uncoordinated national negotiations, generating access delays, cross-country pricing externalities, and a weak position vis-à-vis both pharmaceutical firms and
The EU’s Recovery and Resilience Facility: Experience and lessons for the next multiannual financial framework
The EU’s Recovery and Resilience Facility has become a central test case for performance-based fiscal policy. Its experience offers lessons for the design of the
Investing in the future: ensuring women-led small businesses can thrive
When we picture engines of economic growth and job creation, we tend to think of large multinational companies and global brands. Yet, in emerging and
Microfinance’s promise was oversold, not broken
The Wall Street Journal recently published a sobering account of microfinance’s shortcomings, documenting troubling cases of over-indebtedness, land loss, and borrower distress in countries such
China shock 2.0 and the euro area: Cheaper imports, tougher competition
Chinese goods exports have expanded sharply since 2020, with Chinese firms increasingly competing in advanced manufacturing and technology sectors. This column shows that the dominant
One office day a month boosts remote team performance
Remote work has become a permanent feature of labour markets. But the question remains how to balance the benefits of remote work with the workplace
The AI skills divide in Europe and Central Asia: Who benefits and who gets left behind
As generative artificial intelligence (AI) rapidly enters classrooms across the Balkans and Türkiye, the policy conversation often focuses on tools—chatbots, adaptive platforms, automated grading systems.
Reciprocal sovereignty: A third constitutional tradition for Europe
The central constitutional question for Europe is how sovereign democracies can govern common goods together without creating a sovereign European state. This column proposes reciprocal
AI readiness is a policy choice: evidence from 24 overperforming countries
Rwanda has one of the lowest per capita incomes in the world. It also has a dedicated Responsible AI Office, privacy protection laws aligned with
