Closing the gap in borrowing costs for emerging market firms
Firms in low- and middle-income countries persistently pay more to borrow than firms in high-income economies. Drawing on a new World Bank Group study of
Competition or collusion: Entry decisions in the Swedish pharmaceutical market
Many countries have adopted different price regulations to contain pharmaceutical prices, even in markets exposed to generic competition. This column documents subtle pricing patterns in
Europe’s regulatory double bind
The European Union’s AI Act – the world’s most ambitious regulatory framework for artificial intelligence to date – was supposed to enter into full effect
Expanding opportunities: Economics PhD placement in the 21st century
Since 2010, a growing proportion of doctoral graduates have been taking jobs outside academia. This column explores where elite early-career economists work, using a dataset
Big investors think it might be time to buy in South Korea
Global investors pulled back from South Korean stocks through a wild turn in July but are keeping faith with the heavyweight chipmakers on the view
A plan for a World Trade Organization sectoral agreement on semiconductors
Trade weaponisation is straining WTO rules, but a semiconductor pact could show how to manage security risks. To promote their economic security, or simply to
SpaceX and AI startup wealth fuels demand for private jets
Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors
Gold falls over 1% as oil jumps after Trump says Iran peace deal ‘over’
Among other metals, spot silver fell 2.6% to $58.45 per ounce, platinum slipped 4.1% to $1,574.03. Gold prices fell more than 1% on Wednesday after
The EU’s Recovery and Resilience Facility: Experience and lessons for the next multiannual financial framework
The EU’s Recovery and Resilience Facility has become a central test case for performance-based fiscal policy. Its experience offers lessons for the design of the
Beverage prices retreat as supplies recover
Coffee prices continued to ease in 2026Q2, helped by stronger global supply prospects and the removal of U.S. tariffs on Brazilian imports earlier in the
