Over the past year, developing countries have experienced important changes in their tariff treatment by the world’s two largest economies…
By the standard debt-to-GDP measure, the US is in somewhat better fiscal shape than Italy: Italy's ratio is 135%; the…
European policymakers are debating using immobilised assets of the Central Bank of Russia held at Euroclear to finance a ‘reparation…
Increases in Brazil’s national minimum wage between 2000 and 2009 moved the country from a regime of low minimum wage…
A common view is that fiscal policy operates not only through direct demand effects, but also by boosting business optimism…
In recent decades, many developing countries – particularly in East Asia during the 1990s era of ‘hyper-globalisation’ – experienced unprecedented…
A central challenge for ageing Western societies is securing sustainable financing for long-term care (Araki et al. 2024). This is…
The UK is once again debating why its economy has grown slowly since the mid‑2010s. Real wages have barely risen,…
FinTech has transformed finance, but the broader effects of digital payments on consumers, businesses, and banks remain underexplored. This column…
Demographic change has long been a source of concern, but the nature of that concern has shifted profoundly. In the…