From the China Shock to the global relocation of production: Inequality consequences
Globalisation has raised living standards worldwide but has also fuelled concerns that international competition is eroding middle-class incomes and widening inequality within countries. The column
The impact of interest: How loan rates shape firm investment
Monetary policy moves aggregate investment, but the underlying drivers remain unclear. This column opens the black box with a German firm survey. A one percentage
Sustained growth through creative destruction: Nobel laureates Philippe Aghion and Peter Howitt
Philippe Aghion and Peter Howitt have been jointly awarded the 2025 Nobel Prize in Economic Sciences with Joel Mokyr ‘for having explained innovation-driven economic growth’.
Egypt to invest $5.7bln in 480 oil wells
101 wells will be drilled in 2026. Egypt is planning to drill 480 new oil and gas exploration wells over the next five years, with
Saudi to offer steel projects worth $16bln
They aim to tackle supply gap. Saudi Arabia has completed a study about the optimal options to address the supply shortage in the domestic steel
Geopolitical shifts, uncertainty, and investment: Evidence from the EIB Investment Survey 2025
Geopolitical risks impact firms on both sides of the Atlantic. While the short-term outlook is better than expected, there remains huge uncertainty related to the
Assessment of disruptive innovation in science and technology policy: Insights from meta-science research trends
Technological innovation, including disruptive innovation, is a driving force for economic growth and social change, but early identification of such technologies and assessments of their
$488.6mln battery project to help Oman achieve green energy goals
The investment will be implemented in phases over four to six years. The first phase alone is valued over OMR73 million. With a project investment
Artificial intelligence in the office and the factory: Evidence from administrative software registry data
The rapid adoption of AI in the workplace has raised concerns about job loss. This column uses data covering all AI-related commercial software registered with
Future jobs: AI, robots, and jobs in developing countries
Studies of the impact of robots on labour markets often conceptualise jobs as bundles of distinct tasks. In such frameworks, technologies substitute or complement workers.
