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

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

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

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

For over 400 years the world economy has seen greater globalisation. Steve Schifferes believes the weakness of international institutions and the limited visions of governments are not optimistic signs for the future of globalisation

China’s BRI has reorganised global value chains. Yasuyuki Todo, Shuhei Nishitateno and Sean Brown reveal that the initiative has triggered strategic and divergent responses among major investor countries, depending on their economic and political relationships with China