Refugee entrepreneurs as business multipliers: Evidence from Ukrainians in Poland
When Russia invaded Ukraine in 2022, over a million Ukrainian refugees fled to Poland. This column shows that far from displacing local businesses, these refugees
Strategic autonomy for Europe requires economic growth
The current US administration’s willingness to weaponise trade makes clear that transatlantic economic relations have become entirely transactional. This column, taken from a CEPR book
Europe’s trade surplus, international relative prices, and the productivity growth gap
The euro area faces persistently weak productivity growth alongside a sustained trade surplus and a trendless real exchange rate. This column shows that persistent productivity
