Global Economy

 

The state of competition

Market power has increased across developed economies. Jan De Loecker and Pinelopi Koujianou Goldberg argue that policymakers must recognise the trade-offs in promoting scale, innovation, and competition, and acknowledge concerns that lie outside traditional antitrust mandates

 

Excellence & innovation in aviation regulation

The Cayman Islands Aircraft Registry provides Total Aircraft Registration Solutions! The Civil Aviation Authority of the Cayman Islands highlight why the Cayman Islands is the jurisdiction of choice for aircraft registrations

   

The next steps for European economic security

The world has changed fundamentally. Ignacio García Bercero and Niclas Poitiers argue that the EU needs a balanced strategy to cut reliance on the US and China while improving its capacity to counter coercive economic threats

   

Balancing profit shifting and investment

The global minimum tax represents the most ambitious international effort in decades to curb profit shifting to tax havens. Katarzyna Bilicka, Michael Devereux and Irem Güçeri argue that profit shifting doesn’t just affect tax revenues, it alters investment incentives, creating fundamental trade-offs that cannot be ignored

   

Reforming the global trading system

The global trading system needs to reform. Ignacio García Bercero considers a first step in coalition building where two of the world’s major trading blocs have signalled their willingness to work to repair a system undermined by the US and China

  

Rewiring trade for a warming world

The challenge for policymakers is to build rules that function amid disagreement in a divided world. Dennis Snower discusses how COP30 can turn climate goals into trade rules