GECMagz

Why liquidity evaporates when it is most needed

A common feature of flash crash episodes in financial markets is that liquidity vanishes precisely when it is most needed.…

3 months ago

Using global shocks as a laboratory to study executive pay

It is often claimed that executives reap rewards from favourable market tailwinds they did nothing to create. This column uses…

3 months ago

When privacy protects but excludes: The hidden costs of data restrictions in digital lending

Privacy regulations empower consumers, but they can also cut off credit for the populations that digital lenders were built to…

3 months ago

How a nation was born: Lessons from four centuries of Brazilian growth

Contemporary debates about Brazil’s growth potential – whether centred on the ‘middle income trap’, the slow pace of productivity growth,…

3 months ago

“Us versus them”: How political propaganda polarises beliefs without providing any news

Political polarisation is often attributed to misinformation, echo chambers, or biased news. But new experimental evidence suggests that merely making…

3 months ago

Air service liberalisation and carbon dioxide emissions

Air transport is central to global connectivity, but also a growing source of carbon emissions. Existing evidence shows that international…

3 months ago

Partnering on legal & regulatory reforms to drive economic growth and jobs

Investors don't walk away from opportunity. They walk away from uncertainty. In many developing economies, unclear regulations, unpredictable enforcement, and…

3 months ago

Do loans help small businesses grow? Looking beyond microfinance

Much of what we know about access to finance comes from studies of microfinance, small loans typically made to self‑employed…

3 months ago

Your Questions Answered: What Is AI-Readiness and How Will It Reshape Asia and the Pacific?

ADB economists Roshen Fernando and Ed Kieran Reyes explain why artificial intelligence readiness is important, identifying the main challenges and…

3 months ago

Another Asian Power Crisis—It’s Time to Energize Renewables

Middle East conflict is again exposing Asia and the Pacific’s reliance on oil imports, strengthening the case for a rapid…

3 months ago