GECMagz

Helping People and Firms in South Asia Weather Climate Shocks

People in South Asia are familiar with the intense heat and sudden downpours of monsoon season. The monsoon rains bring…

9 months ago

AI in public employment services: Unlocking potential, avoiding pitfalls

Public employment services are rapidly turning to artificial intelligence (AI) to develop a range of sophisticated digital tools. According to…

9 months ago

Quantifying global debt risks amid high and rising public debt

As global debt continues to climb, evaluating debt risks is critical. This column introduces a novel ‘debt-at-risk’ framework that uses…

9 months ago

From banks to nonbanks: Macroprudential and monetary policy effects on corporate lending

The growing footprint of nonbank financial institutions in corporate credit markets raises important – but often overlooked – questions about…

9 months ago

The 2025 trade war: Dynamic impacts across US states and the global economy

In 2025, the US government announced a series of tariff increases targeting major trading partners, including Canada, China, and Mexico.…

9 months ago

A world with no safe assets

Recent evolutions in US attitudes and policies have raised questions about the future of the dollar’s role in the global…

9 months ago

Climate adaptation and inequality: Lessons from Cape Town’s drought

A growing number of urban areas around the world face water scarcity. Focusing on the prolonged drought that Cape Town…

9 months ago

Fiscal sustainability and budgetary inertia: When checks and balances really matter

Public spending programmes, once established, become entrenched, making it hard for the next administration to cut them. For many, this…

9 months ago

Trump’s tariffs: Disregarding lessons from history and scenarios and probable outcomes

History is full of evidence that tariffs harm economic performance. This column assesses the two waves of globalisation in modern…

9 months ago

Sovereign bonds, convenience yields, and the resurgence of supply shocks

Many sovereign bonds trade at a premium for being safe assets that retain their value even in deep recessions. This…

9 months ago