Cities have faced a host of shocks throughout history. Wars, natural disasters, pandemics, and technological shocks have all impacted city…
The US introduction of wide-ranging “Liberation Day” tariffs on all its trading partners is set to have far-reaching consequences for…
In 1989, New Zealand’s central bank moved to a new method for controlling inflation that has since become known as…
The blackout on 28 April 2025 that left all of Spain and Portugal in the dark was more than just…
Sudden stops in international capital flows – episodes where foreign financing rapidly withdraws – have long been a challenge for…
The re-election of Donald Trump has led to heightened uncertainty in the global economy (Grzana and Ilzetzki 2025). The whiplash-inducing,…
Global external assets exceeded 200% of world GDP in 2020. Comparing the performance of foreign investments for 13 advanced economies…
Youth unemployment remains high across many parts of Asia and the Pacific despite steady economic growth. To bridge the gap,…
Mongolia’s harsh winters and dependence on mining make it particularly vulnerable to economic shocks. Proactive adaptation strategies—including resilient infrastructure, diversified…
Energy is critical for development on a livable planet. In most countries of the world, energy is taxed differently than…