thought leadership

   

How the ledger controls monetary sovereignty and global power

Laurence B Mussio and Paul Samson explore how the ledger has proven more sovereign and powerful than the sword. In today’s era of digital currencies and evolving geopolitics around payment systems, they illuminate how global power will continue to rest with those who control the ledger

   

Closing the innovation gap

To secure the benefits of an EU-wide incorporation regime an EU Inc. plan for a common company regime should become more targeted and be underpinned by better system infrastructure, Fiona M Scott Morton and Reinhilde Veugelers argue

  

A plan to revitalise the WTO

The WTO is experiencing a serious crisis arising from tensions that are internal to the global trading system. Ignacio García Bercero identifies four critical areas for WTO reform to reinforce the rules-based trading system

   

Can AI make cutlery?

Andrew Bailey highlights how UK economic growth has slowed since the Financial Crisis. He examines AI and suggests gains may take time, depend on complementary innovation, and bring uncertain effects on jobs, making investment in skills essential

  

Modernising money and markets

As technology evolves, Sarah Breeden sets out the Bank of England’s vision for UK finance: a robust, multi-money retail payments system that promotes greater competition and innovation, and a multi-asset, multi-currency approach to tokenising the markets of the UK’s global financial centre

  

Testing EU discipline on state aid

The Iran energy shock is a test of European discipline on state aid. Roel Dom and Simone Tagliapietra argue that the latest EU temporary state-aid framework is needed to shield industries and consumers from short-term costs, but should not become more permanent