Industrial policy interventions have surged since 2020, increasingly driven by geopolitical concerns. The New Industrial Policy Observatory reveals over 36,000 interventions globally since 2009, enabling a systematic analysis of patterns and impacts. Industrial policies can improve products'...

Industrial policies can be effective where markets fail, including in supporting green transition. Industrial policies often pursue multiple conflicting objectives that must be prioritized. To counteract discrimination against foreign interests, industrial policies should include competitive...

Technological sovereignty is Europe's foundation for competitiveness and democracy. Europe must lead - not follow - in key industrial technologies. Strategic autonomy requires shared European investment and scaling. Industrial policy must balance resilience with open innovation. Governance of...

The semiconductor industry comprises two distinct sectors: advanced chips for smartphones or data centers and less advanced ones for cars. While political and media attention focuses on advanced chips, European industry does not use them. NVIDIA and TSMC dominate the supply of the most advanced...

R&D in the semiconductor industry is concentrated in a few countries: Japan, Korea, China, the United States, and Taiwan. European countries' R&D cooperation centers around Europe and the US, with relatively little cooperation with Asia. Diversifying R&D partnerships may secure access to R&D...

Semiconductor supply is subject of sizable subsidy schemes in the US, the EU, China, Japan, Korea, and India. Chip imports are concentrated in few countries, with the EU accounting for less than 5 percent of worldwide chip sales. Chips are highly heterogeneous products that serve different...

Since inheritances and their concentration are growing, inheritance taxes have been attracting increasing interest recently. Inheritance taxes are relatively widespread in Europe, being levied in 17 EU member states and a further ten European countries. Behavioral responses, tax design, and...

The private sector offers reliable labor market data that policymakers, investors, and the public can use to guide their decisions. Revelio Labs provides monthly labor stats from billions of work records, tracking employment, openings, turnover, and pay. Alternative data is created beyond the...

Lifelong learning is key for long-term economic development. Patience drives adults' participation in continued education. Cultural traits shape learning behavior across generations. Policy can offset motivational gaps by reducing immediate costs and combining short-term recognition with...

The combination of Russia's war against Ukraine and the declining US engagement in Europe have resulted in increased strategic convergence between Europeanist and Atlanticist states. For the time being, the primary goal is to strengthen NATO's "European pillar." To do so, member states will also...