Trade policy has become a major source of macroeconomic risk. The sharp rise in trade restrictions and the growing unpredictability…
Private capital markets have expanded rapidly, but access remains concentrated among wealthy investors. This column presents new evidence from the…
As women gain political ground around the world, there is hope that the election of more women might also mean…
Bilateral trade shocks may reallocate demand and competition across countries, creating spillovers for firms in bystander countries. To study how…
As global trade policy becomes increasingly protectionist, the threat of tariff retaliation looms large. This column analyses how the EU’s…
Governments with well-designed fiscal rules generally enjoy lower yields but less is known about whether investors price compliance with these…
How much has trade policy changed globally? This column introduces the Trade Policy Activity Index, a monthly measure of policy…
Emerging market economies hold foreign exchange reserves to insure against currency crises and to cushion exchange rate movements. Reserves are…
The war in Iran has sent oil prices sharply higher, reviving the question of who bears the cost of energy…
Supplemental private health insurance is becoming more common in universal healthcare systems as a way to secure faster access to…