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New Policy Insight: (Re)building Europe’s defence: Human capital is key

Manuel Trajtenberg
"As Europe contemplates embarking on a large-scale build-up of its defence capabilities, it should do so by investing in tandem and gradually in human and in physical capital... Indeed, robust defence capabilities can be developed not just without impeding economic growth, but by fostering it. This is the sort of reasoning that economists can bring to the table ... and thus support a well-designed military
build-up in Europe."

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Trump and Tariffs

Curated content exploring the wide-ranging effects of the Trump administration tariffs

Trump and Tariffs
Trump Tariffs

Recent VoxEU Columns  

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VoxEU Column

What the financial sector needs to know about climate-related risks in the next five years: Navigating the new NGFS short-term scenarios for Europe

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  • Climate Change
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VoxEU Column

When illusions of wealth shape the economy: Understanding pseudo-wealth, macroeconomic volatility, and social welfare

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  • Frontiers of economic research
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  • Macroeconomic policy

Artificial intelligence (AI) has the potential to fundamentally transform our economies and the way we conduct economic research.

Browse our recent content on AI
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AI and headcount
VoxEU Column

The local effects of artificial intelligence labour investments: Evidence from the municipal bond market

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  • Artificial Intelligence
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  • Productivity and Innovation

New Publication

To modernise infrastructure, achieve carbon neutrality, and bolster defence and social services, the European Union must close an annual investment gap of €750–800 billion. Public– private partnerships (PPPs) are frequently proposed as a solution, but their effectiveness is debated. Can they help bridge the funding shortfall, or do they introduce inefficiencies and risks related to contract renegotiations?

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Private Participation in Infrastructure: What Role for Public–Private Partnerships?

Panel on Geopolitics - Recorded at the CEPR Paris Symposium 2024

Panellists: Arancha González, Yuriy Gorodnichenko, Jean Pisani-Ferry
Moderator: Martin Sandbu (The Financial Times)

Watch the Panel Recording Here
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CEPR Women in Economics

CEPR has formalised its efforts to improve representation of women in the economic profession with the creation of the CEPR Women in Economics Initiative. This page collates the various projects CEPR is involved with and provides a single platform through which the myriad of high quality output and initiatives can be accessed.

CEPR Women in Economics Initiative page
Women in Economics

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Find out more about CEPR & what it does

For 40 years, the Centre for Economic Policy Research has provided an invaluable bridge between the world of economic research and those of monetary and fiscal policymaking. Find out more about the organisation and the influential part it has played in global and European economics during those years.

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The Week's New Discussion Papers

CEPR publishes over 1000 new Discussion Papers each year and subscribers have access to an impressive archive of more than 20,000 papers, dating back to 1984.

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CEPR Paris

In October 2021, CEPR opened a new Paris office

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Paris Funders 40 Years