Economy and Finance

For decades, federal research funding has driven lifesaving breakthroughs, fueled economic growth, and cemented America's global leadership in science and innovation. Today’s proposed budget cuts and funding freezes threaten to undermine this legacy — putting future medical advances, public health, and economic prosperity at risk.

The Brexit outcome sends an important warning to the US: it is uncertainty, more than policy itself, that can paralyze investment and slow growth. But it also offers a lesson: only clarity, stability, and a forward-looking strategy can ultimately restore economic confidence.

As 2024 draws to a close, the year 2025 is set to be defined by a number of key global themes.

A US foreign policy that emphasizes transactional relationships over alliances in a multipolar world can lead to significant shifts in international dynamics affecting the economy, security and stability of the international order.

Incumbents everywhere are doing poorly. America just proved it is not exceptional. We see America falling in line with global patterns, mainly driven by inflation and anti-incumbency bias, that have weakened governing parties around the world.

The interconnectedness of the world's economies means that the health of China's economy has major implications for Western countries in terms of geopolitical stability and trade relations, market potential and investment opportunities, as well as environmental and health initiatives.

In September, employment figures confirmed the strength of the economy, with 104,000 more jobs than forecast, and fears of a recession faded: “The general direction of US employment indicates that the economy is a long way from recession,” wrote Paul Donovan, chief economist at UBS, in a note published in Fortune on Monday, October 7, 2024.

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.