How to manage migration in an ageing country
With working-age populations projected to decline rapidly, all European countries face an unprecedented demographic challenge. Inflows of regular foreign workers are thus key to support
Fentanyl: The transnational vector of violence
Since 2013, synthetic opioid overdoses have surged in the US, claiming over 70,000 lives each year. This crisis has had international spillovers, reigniting drug-related violence
Why some countries win in world trade: Unpacking export competitiveness
Global export competitiveness is rapidly evolving. This column presents a novel granular decomposition of export market share changes into demand and supply effects. Applied to
Productivity in the export sector: Evidence from Dutch supplier networks
It is well established that exporters tend to be some of the most productive firms. But in today’s world, exporters typically rely strongly on other
How the war has affected scientific research in Ukraine
Russia’s 2014 invasion of Ukraine has devastated Ukraine’s scientific productivity. This column examines the war’s impact on Ukrainian research output, drawing on a dataset of
A world with no safe assets
Recent evolutions in US attitudes and policies have raised questions about the future of the dollar’s role in the global economy. This column explores a
The Nordic model of wage coordination at a crossroads
Strong coordination of wage setting has been maintained in Nordic countries through pattern bargaining. The tradables sector sets the first agreement, which then serves as
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
Global debt hits record of over $324trln, says IIF
The Institute of International Finance (IIF) said China, France, and Germany were the largest contributors to the global debt increase, while debt levels declined in
Looking for a “fair” international monetary system
President Trump’s Chief Economic Adviser, Stephen Miran, has claimed that the international monetary system in which the US provides the rest of the world with
