When upskilling is good but not enough: Understanding labour shortages through a job-quality lens
Advanced economies are still experiencing labour shortages in the aftermath of the COVID-19 pandemic. This column examines the high labour shortages across OECD countries, focusing
Geopolitical risks and the effectiveness of the EU cohesion policy
Geopolitical issues are flooding current political and economic debate, but evidence is limited on their interplay with structural policies. Combining information on geopolitical risks and
How the EU should plan for global trade transformation
The major turbulence being experienced by the world economy could lead to a global recession and the collapse of the norms and institutions that have
Big techs’ AI empire
Advances in AI are transforming the economy. Behind this wave of visible innovation lies a less visible but significant trend: the role of large technology
Saudi market cap surges 463% to $2.7trln, now largest in region
The market capitalisation of Saudi Stock Exchange (Tadawul) has surged by 463% over the last ten years to reach $2.7 trillion at the end of
Digital Pathways for Education: Enabling Greater Impact for All
The world is facing a longstanding global learning and skills crisis. Over half of 10-year-olds in low- and middle-income countries cannot read and understand an age-appropriate
Oil rises 1% as price drop triggers buying; oversupply worries weigh
Oil prices rebounded over 1% on Tuesday with technical rebound and dip buying after a drop in prior session by OPEC+ decision to accelerate increases
How an oil price crash sparked clean innovation: Insights from Norway
The transition to clean energy will require a significant reallocation of technological investments away from fossil energy sources towards cleaner alternatives. This column investigates whether
Dollar steadies ahead of a string of macro litmus tests
It is down more than 4% on both the euro and the yen through April, though bounced at the end of last week on an
Non-bank financial institutions’ reliance on banks for contingent credit under stress and its consequences
In recent years, banks’ credit line exposure to non-bank financial institutions has grown significantly. This column analyses the implications by focusing on a specific type
