Why do financial markets remain surprisingly resilient despite high interest rates? What role do liquidity, fiscal policy, and the AI investment boom play in shaping risk-taking? And how robust is the international economic order in an increasingly multipolar world? These questions are at the core of the new episode of Thought Supply, a conversation between former governor of the Reserve Bank of India Raghuram G. Rajan and former WTO chief economist Ralph Ossa.

The European Research Council (ERC) has awarded two highly competitive ERC Consolidator Grants, totaling nearly EUR 4 million, to researchers at the Department of Economics at the University of Zurich. Lorenzo Casaburi and Maya Eden, who are both affiliated with the UBS Center, were selected among 349 grantees across Europe. Their projects address two pressing global challenges: how land markets shape economic development and how governments should respond to declining birth rates.

Last year's Nobel Prize winners in economics demonstrate how sustained economic growth is possible using methods from history and economics. Whether economic growth continues or not will also depend on politics, outline UZH economists Timo Boppart and David Hémous in their article for 'Die Volkswirtschaft', an economic policy magazine by the Swiss State Secretariat for Economic Affairs (SECO).

Which topics have shaped your thinking over the past year? At the UBS Center, we have delved into some of the most critical societal questions of our time: from tariffs, currencies, and the global order to institutions, technology, and the future of labor markets. Our annual review brings together key insights and highlights. Explore them now.

Monika Schnitzer is Germany’s top economic advisor. In this interview with Tages-Anzeiger on the sidelines of her UBS Center Opinion lecture, she explains why Switzerland should invest in defense and how governments can overcome populism.

Four economists discussed the work of last year's winners of the Nobel Memorial Prize in Economic Sciences and its significance at an event organized by NZZ Live with the UZH Department of Economics as content partner. Their conclusion: future growth will only be possible if all sides are prepared to embrace change.