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
Regulation and growth reloaded: Lessons from 25 years of retail trade and professional services reforms
Retail trade and professional services employ a large share of workers across OECD countries and provide key intermediate inputs to downstream sectors. This column examines
Pension funds, unlisted firms, and Europe’s Capital Markets Union
Europe’s Capital Markets Union debate is again centred on how to turn savings into productive investment. This column uses Danish ownership and register data to
Three trends that could unlock a golden decade for developing economies
Barring a miracle, the 2020s will prove to be what their ominous opening foreshadowed: a lost decade—not just for a couple of outliers, but for
Blue finance: Making waves for sustainable oceans and freshwater resources
Water is a key pillar of life and livelihoods — but it is massively underfinanced. From oceans and rivers to water supply and sanitation systems,
The early takeoff of space innovation
The conventional account of US space sector transformation credits the post-2005 entry of SpaceX, Blue Origin, and other commercial firms with revitalising a stagnant industry.
