The boom, bust and future of China's real estate sector

Don’t look only to Brussels to increase the supply of safe assets in the European Union

A sufficient supply of safe assets denominated in euros is critical if the European Union is to achieve a full banking and capital markets union.

Five lessons from the Recovery and Resilience Facility for future crisis-response instruments

Presented as a new departure in EU policy-making, the EU’s Recovery and Resilience Facility (RRF) is now in its second year of implementation.

A European policy mix to address food insecurity linked to Russia’s war

The food crisis creates short-term challenges but also points to systemic issues in the food sector.

Do financial markets consider European common debt a safe asset?

The interest rate on European Union bonds is now almost as high as that of supposedly riskier Spanish bonds; this risks defeating their purpose.

The ‘anywhere’ jobs are not everywhere – they’re in cities

Given new remote working arrangements, online gigs can be completed in the lowest-cost locations; they’re mainly done by workers in large cities.

Will the European Union price cap on Russian oil work?

The G7 Russian oil price cap is an ambitious but untested instrument. While pitfalls exist, the cap has the potential to be the most potent sanction.

The COVID–19 pandemic and China’s economic slowdown

Any convergence with the U.S. economy will not continue for long.

China protests add to uncertainty for investors

Demonstrations show how the country is struggling to deal with Covid and an easing of lockdowns.

Does inflation hit the poor hardest everywhere?

Low-income households suffer most from high inflation, but in some European Union countries the inflation burden is felt more equally than others.