Essays & News

The German government’s recent decision to reintroduce border controls with its neighbors Poland, the Czech Republic, Austria and Switzerland marks a significant departure from the Schengen principles. This populist measure comes after substantial electoral losses for Germany’s governing coalition and aims to restrict access for both asylum seekers and illegal, undocumented immigrants. This action is […]

  The war on inflation is not over, but judging by the data, some battles have been won. In August, the annual rate of inflation was 2.5 percent in the United States and 2.2 percent in the eurozone. Core inflation, which excludes energy and food, was 3.2 percent and 2.8 percent in these areas respectively. […]

  Rather unusually, the Nobel Prize in Economic Sciences was awarded yesterday in equal parts to three professors living in the USA: Daron Acemoglu (MIT), his colleague Simon Johnson (MIT) and James A. Robinson from the University of Chicago. This honorable and prestigious award was given to them for their research into the institutions that […]

  President Volodymyr Zelenskiy has been touring capitals in Europe, rallying support for more weapons and the clearance to strike Russian territory. After two and a half years of war, this is Ukraine’s only hope to protect its interests and position itself to reach an acceptable resolution to its war of defense. Washington and the […]

  Most advanced economies, including those of the European Union, used to welcome foreign direct investment (FDI) with open arms, with few questions asked. Not anymore: From the late 2010s onward, these countries started to adopt inward investment screening mechanisms for foreign transactions, and the pace of adoption has increased markedly in recent years. Since […]