Big techs’ AI empire

Advances in AI are transforming the economy. Behind this wave of visible innovation lies a less visible but significant trend: the role of large technology
Human capital formation as a key component in Europe’s defence build-up

Government spending on defence, particularly defence R&D, can have significant economic spillovers. This column argues that the forthcoming European defence build-up must include a long-term
Agrifood powers economies and jobs across Europe and Central Asia

As economies develop, it is often assumed that agriculture becomes less relevant—a small slice of GDP and a shrinking share of employment. But evidence from
Video might kill the radio star: Digitalisation and the future of banking

New technologies are changing how banks produce and provide financial services. These changes have implications for traditional banks, creating novel sources of systemic risk which

