Europe needs a strategy to close the artificial intelligence compute gap
In its bid to compete with the US on AI, Europe could learn from both China and from the classic Airbus industrial policy case. The
Unlocking the benefits of green water flows for growth and development
At the Global Facility for Transboundary Waters, when we speak with stakeholders about transboundary water management, the conversation almost always centers on the stewardship of what
Faced with global shocks, protect investments that drive growth and jobs
The global economy is entering another period of heightened stress. Geopolitical tensions, policy uncertainty, climate risks, and rapid technological change are making policy decisions more
The devil is in the tail: How firms’ beliefs about rare macroeconomic disasters shape investment
Little is known about how firms think about rare macroeconomic disasters and how these beliefs shape their decisions. This column uses survey evidence from a
Challenges to the integration of the Western Balkans into European Union supply chains
Western Balkan economic integration with the European Union has advanced significantly over the past two decades, driven by trade liberalisation and significant EU foreign direct
The dollar’s status through the lens of foreign exchange reserves
The US dollar’s share of global foreign exchange reserves has fallen since the 1990s. This column argues that changes in aggregate reserve shares conflate two
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
Nvidia CEO joins Trump’s thorny trade mission to China
Trump embarks on the first visit by a U.S. president to China in nearly a decade eager to land some economic wins and prop up
The impact of emissions trading systems on manufacturing installation productivity: Evidence from Japan
Emissions trading systems have been widely studied globally, but less attention has been paid to their impacts on the productivity of the regulated facilities. This
Understanding the global clean tech manufacturing slowdown
Investment in clean technology manufacturing facilities is falling worldwide. After peaking at $70 billion in 2023, quarterly manufacturing investment more than halved to $35 billion
