Industrial policy lessons from East Germany’s privatisation
There has been renewed interest in industrial policy as a tool to reshape the structure of economic activity, but little evidence exists on the successful
What will it cost to build the cities of the future?
Cities are engines of economic growth and job creation, and their future pathways will shape global development outcomes for decades to come. But the success
Fiscal stagnation
Public debt-to-GDP ratios have climbed to historic highs in most advanced economies. This column studies the connection between productivity growth, fiscal policy, and public debt.
The global impact of AI: Mind the gap
Artificial intelligence is widely seen as a transformative force for productivity and innovation. Yet, its macroeconomic implications remain uncertain, especially from a global perspective. This
When upskilling is good but not enough: Understanding labour shortages through a job-quality lens
Advanced economies are still experiencing labour shortages in the aftermath of the COVID-19 pandemic. This column examines the high labour shortages across OECD countries, focusing
