Political polarisation drives talent away: Evidence from Spain’s health sector
Given the growing prevalence of political and social polarisation, understanding its effects on society is of paramount importance. This column discusses the effects of an
Egypt: EGX shows positive performance on Thursday
Retail investors represented 74.27% of total trading, while institutions made up 25.72%. The Egyptian Exchange (EGX) ended Thursday’s trading session with a mixed performance. The
Unlocking SME growth: Key lessons from Ecuador’s loan program
Governments and development institutions spend billions to help small businesses access financing, hoping this will create jobs and support inclusive economic growth. But we don’t
Dollar forges higher as Trump releases new tariff barrage
Yen sinks, Bank of Japan signals no hurry to resume rate hikes. The dollar headed for its strongest weekly performance in almost three years against
Task-based returns to generative AI: Evidence from a central bank
How does generative AI affect real workplace productivity? This column reports results from an experiment at the National Bank of Slovakia, where staff were randomly
Detecting hidden state aid with machine learning
State aid regulation is crucial to ensuring competitiveness in the EU Single Market, but enforcement remains challenging. Non-compliance by member states and foreign subsidies are
Bigger, better funded and focused on public goods: how to revamp the European Union budget
How should the European Union budget be revamped to meet the pressing collective challenges of climate change, competitiveness, defence, enlargement and response to unforeseen shocks?
Dynamism in generative AI markets since the release of ChatGPT
The success of ChatGPT has raised fears that the excessive concentration of generative AI technology within one or two leading US companies could reduce market
Climate change, firms, and aggregate productivity
Policy debates around climate change frequently focus on the trade-off between the near-term costs of reducing carbon emissions and the long-term benefits of mitigating climate
Export strength does not equal tech strength: Rethinking EU comparative advantage
Amid geopolitical shocks, the EU is revisiting its industrial strategy. However, traditional metrics often paint a misleading picture of Europe’s underlying strength. This column uses
