Preferential college admission is gaining traction worldwide as a means to address inequality in higher education, drawing greater attention to the design of such policies. This column analyses a programme for disadvantaged high schools in Chile that offers guaranteed college admission to top-performing students. The programme increased enrolment in selective colleges but reduced pre-college academic […]
Strengthening existing safe assets should be a strategic priority for any new joint borrowing. Europe’s looming defence spending needs will put new demands on public policy and the public purse. To meet these demands, European Union member states and regional allies will need to work together for collective security. As new ways of building and […]
Strong coordination of wage setting has been maintained in Nordic countries through pattern bargaining. The tradables sector sets the first agreement, which then serves as the nationwide norm for subsequent wage increases. This column outlines that a key motivation for this model is to maintain international competitiveness and keep the wage share constant over time. […]
