The impact of global sanctions on cross-border mergers and acquisitions
The use of sanctions has grown steadily over the past seven decades, with well-documented effects on bilateral trade. This column analyses the effects of sanctions
A generational challenge: Turning a record youth surge into a jobs dividend
Between 2025 and 2035, the largest-ever cohort of young people in emerging market and developing economies will reach working age. Slowing growth, overlapping crises, tight
From Strategic Investment to Tangible Results: Notable examples from the Human Capital Trust Fund
Two-thirds of the income gap between developed and developing countries can be attributed to disparities in human capital. Yet, budgets for critical human capital investments are
Precious metals retreat from record highs
Precious metal prices declined in 2026Q2 (q/q) after 14 consecutive months of gains through February, including a 24 percent increase in 2026Q1. By June, gold
AI, productivity, and work: Evidence from US firms
Real-time evidence from users can inform the current policy debates around artificial intelligence. This column reports on a survey of executives at typical US firms
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
Why do I care about human capital?
Society tells us that our potential for greatness is measured by how hard we work. Irrespective of material advantages, the qualities of discipline, determination, and
Europe’s ungoverned space: Military AI and the autonomy that cannot be bought
European defence ministries and intelligence services run on infrastructure they do not control and cannot independently audit – a situation highlighted by the US administration’s
G7 leaders pledge to enhance efforts to address global debt vulnerabilities
G7 leaders eye debt issues faced by middle-income countries. G7 leaders on Tuesday pledged to step up efforts to address high debt burdens among developing
The impact of trade wars on firms in third countries
Bilateral trade shocks may reallocate demand and competition across countries, creating spillovers for firms in bystander countries. To study how firms respond to trade shocks
