Given the existence of real estate market bubbles and risks arising from high government debt, countries are faced with the challenge of preventing systemic risks. This study investigates the macroeconomic dynamics of the real estate market and local government debt risk from the perspective of...

This paper examines the interplay between macroprudential policy, monetary policy and the non-bank financial intermediation (NBFI) sector, drawing on recent research and zooming in particularly on evidence from the euro area.2 It documents the growth in the NBFI sector over the past two decades...

The rise of commercial space ventures heightens tensions between investor protections and states’ regulatory sovereignty. With dual-use technologies and evolving space law, balancing innovation, security, and sustainability is critical. Coordinated global frameworks and well-grounded national...