What most analysis misses is the increased agency that Central Asian countries have over their own fates. The region is no longer a backdrop for the new Great Game, nor is it anyone’s backyard. Honored to co-author this piece with Jen Brick Murtazashvili carnegieendowment.org/research/2024/…

We are hiring 3 research assistants! Do you want to contribute to our research programmes on 📈Creating the fiscal space for development OR ⚖️ Reducing inequalities across and within countries? See more details and apply before 22 September: go.unu.edu/HhJjh

Euro area #GDP up by 0.2% in Q2 2024, +0.6% compared with Q2 2023 ec.europa.eu/eurostat/en/we…

BOFIT Policy Brief 6/2024 Falk Laser, Alexander Mihailov and Jan Weidner: Currency compositions of international reserves – recent developments 🔗publications.bof.fi/handle/10024/5… #internationalreserves #currencycomposition #centralbanks #monetarysystem

"Governor Pan proposed the 7-day reverse repo rate as the main short-term policy rate. The PBoC implements its daily open market operations, where it offers commercial banks money at a fixed price, using reverse repurchase contracts (repos)"🇨🇳

An interesting take on the current status of Russia-China trade from inside Russia. It's "in a serious crisis": "As of mid-August, 90-95% Chinese banks refuse to work with Russia, not only in USD and EUR, but also in yuan" profile.ru/abroad/kto-vin…

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According to the latest budget data, ~93,000 Russians signed a contract with the Russian Army or National Guard in April-June 2024 (~166,000 in the first half of 2024). This is based on the methodology of Важные истории. Details below. 1/2

Ample time to register, but why don’t you do it now?

Trump has also come up with many different variations of tariff ideas--10% broad, 20% broad, 60% China, replacing all income taxes with tariffs, etc. It's clear by now that Trump has tariffs on the brain and whatever the specifics, he's not interested in small, surgical tweaks.

Cheers The Institutional Economist🇺🇦 with 🇺🇦 beer. Pretty good (for non-alcoholic 😁 )

The economic cost of #Brexit is large —between 5 & 10% of GDP— and near universal across all #UK regions. It is strongest in England & Scotland. Northern Ireland is the main exception. Very interesting results by Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere, Eleonora Alabrese, Jacob Edenhofer 🇺🇦 & Wang. ukandeu.ac.uk/levelling-up-b…

Spending on the construction of new factories, fabricators, and other manufacturing structures is at a record high as a share of US GDP

6 flights bound for Arlanda Airport were diverted to other airports last night. According to local media several drones in different sizes were spotted over the airport.

German re-armement in face of rapid Russian military-industrial production must be a huge worry. At current procurement speeds, we would need decades to reach 2004 stocks. More worryingly, #Russia produces in ~6 months as much as all of #Bundeswehr stocks Kiel Institute (IfW Kiel) thread

Rest in Peace Lord Vader

Current spending on the #Bundeswehr is far too low given the Russian threat. Kiel Report #1 shows 🇩🇪 would need up to 100 years to rebuild its previous stockpiles, while Russia produces massive amounts of weapons in just half a year👉ifw-kiel.de/publications/n… #Defense #Zeitenwende

Come work with us! We are particularly interested in research that relates to macroeconomic and financial topics concerning the emerging markets, especially China, Russia, India, Ukraine and Turkey. Read more and apply: bofit.fi/en/visiting-re…

This article examines cross-border price differences of identical grocery products. Despite strong regional integration, prices differ considerably. The border effect exists even within multinational retailers. 2/2

Let’s be clear: This is illegal and unconstitutional. The American people had voted. The courts had ruled. The Electoral College had met and voted. The Governor in every state had certified the results and sent a legal slate of electors to the Congress to be counted. The Vice