Economy and Finance

One of the major events of 2016 was Brexit. This emblematic case illustrates the extent to which far-fetched initiatives led by irresponsible politicians with no long-term vision prove detrimental to a country's economy.

Investigating the gender gap in the labor market, Claudia Goldin demonstrated how technological progress, the expansion of the service sector and rising education levels have led to a growing demand for female labor. Yet societal stigma, legislation and other institutional barriers have limited the effects of these factors, which continue to weigh heavily on the gender gap.

China and the West grow apart – China launches a strategic shift in its economic relations with the world

Discover how the growing tensions between two opposing forces – the "old economy" and the "new economy" – will shape society and businesses in the years to come.

The world prior to Russia’s invasion of Ukraine belongs to the past.

The middle class plays a major role in our society: its purchasing power drives global economic growth, contributes to healthy democracies, and keeps the world safer. Yet, globally, we are witnessing a decline in the middle class amid growing economic inequality, increasing corruption, and rising political instability.

Inflationary pressures are improving, spiraling costs of living are beginning to ease - and as expected and desirable - the pace of economic growth is slowing.

There is little indication that a future recession is looming. However, skyrocketing demand and supply shortages are stretching the economy to the limit.

When young adults delay reaching adulthood, it does not mean that something has changed about them; but that the economic context in which they grew up has changed.