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Draghi’s message: sharing economic sovereignty is hard but possible

European public goods should be the linchpin of a new political and institutional contract

The European Investment Bank can afford to take more risks

Significant reserves built up through decades of profit-making should enable the bank to absorb volatility of riskier investments

Twenty years of European east-west household income convergence

While average household income is lower than GDP per capita, the poor have especially benefitted from income gains in central and eastern EU members

What about the EU’s cohesion?

The idea that Europe’s economic performance is inferior to that of the United States is erroneous

Asia 2024 Outlook

To what extent can urbanisation mitigate the negative impact of population ageing in China?

Our analysis reveals that ageing accounts for only about 1 percentage point of the GDP growth rate deceleration over the past decade.

What will it cost the European Union to pay its economic recovery debt?

Servicing the EU debt until 2058 seems feasible, despite increased borrowing costs, but member countries must make choices about budget funding

Assessing China’s quest for innovation

What potential bottlenecks might be hindering the transformation of China’s innovation efforts into productivity growth?

China’s GDP data point to need for stimulus, but will it come?

The main reason for the relatively poor second quarter is lackluster domestic demand.

China’s quest for innovation: progress and bottlenecks

We identify three potential bottlenecks that might be hindering the translation of China’s innovation efforts into productivity growth.