United states

European capital markets union: make it or break it

Capital markets union has not delivered, but it should be given a last chance, with a focus on supervisory integration

The comparison between the European and American innovation systems is hardly encouraging for Europe

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

South Korea's semiconductor strategy

Economic ties are being reshaped by the semiconductor industry's evolution

US and UK strikes in Yemen: implications for global energy markets

While trade disruptions arising from the conflict in the Red Sea are so far minimal, a further regional escalation could impact global energy prices.

Europe and the US should work with China. Joint climate action could be a win-win

China and the US might not be decoupling but their technologies are bifurcating

Once the process of building alliances starts, it is hard to stop.

US-China tech bifurcation

Compared to instant decoupling, bifurcation offers a more gradual process that requires clear understanding of the direction and speed of divergence.

How should Europe react to the Inflation Reduction Act?

A deep dive into the IRA and its expected impact on the world trade system.

Biden, Xi focus on Taiwan and forget about Ukraine

The meet did not seem to offer solutions to the two most pressing problems for the international order.

The sometimes puzzling differences in transatlantic earnings growth

Low-skill workers have seen faster wage growth than high-skill workers in many EU countries, contrary to the United States.

Europe’s promised semiconductor subsidies need to be better targeted

The proposed European Chips Act over-emphasises semiconductor production subsidies, focusing too little on increasing value-added in research.

The critical importance of chips – and having a plan for them

The Chips Act is the first, and an imperfect, step towards a long-term strategy that still needs to be designed.

China and the West: growing apart as geopolitical tensions grow

The model of increasing economic interdependence between the West and the emerging world was built on assumptions that no longer hold.

How the European Union can best apply the Digital Markets Act

The European Union’s new Digital Markets Act will enable the European Commission to get ahead of potential anti-competitive behaviour.

Euro-dollar parity: beyond symbolism

Lack of certainty that the euro will stay prevents it from a greater international role. Until addressed, the dollar will continue to be hegemon.