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
How tariffs hurt the ones you love
US stock markets fell in response to the announcement of President Trump’s “Liberation Day” tariffs until the tariffs were paused a few days later. This
Leading firms are falling behind in developing East Asia
For decades, East Asia has been a paragon of economic dynamism. But today, in an era of rapid global technological advances, productivity growth in the
Coffee beans meet green rules: Reconciling climate and development goals
The average resident of the European Union spends €150 annually on coffee, a small price for what many consider one of life’s necessities. This morning
Is AI adoption impacting job markets in South Asia?
The rapid development of artificial intelligence (AI) is transforming the global economy and reshaping labor markets. What does this mean for the South Asia region?
AI may boost output but fuel divergence between rich and poor countries, IMF chief says
“If we were to extract that kind of boost of growth that would be very significant for the world,” IMF Managing Director Kristalina Georgieva said
The missing link: Why economic policy needs organisational economics
Europe faces slowing growth, ageing populations, and structural shifts. This column discusses how organisational economics can illuminate the impact of structural forces on Europe and
Bilateral trade in services: A new research database
While trade debates focus on tariffs and goods, services have quietly defied deglobalisation and become an increasingly important driver of growth. Services trade not only
Hidden growth in US manufacturing productivity
Manufacturing is a locus of innovation, yet standard industry data show manufacturing productivity stagnating in the US. This column argues that standard measurements understate true
How the US South caught up: A century of manufacturing productivity convergence
Economic historians have long debated whether lagging regions can catch up in productivity with industrial leaders. This column shows that, under the right conditions, such
