GECMagz

Who supplies and demands safe assets – and why it matters

Safe assets are the building blocks of modern financial markets. This column examines the sectoral dynamics of safe assets across…

9 months ago

Greening West African Soils

The path to achieving a resilient agri-food sector to enhance food and nutrition security (FNS) stands at a crossroad in…

9 months ago

Managing credit in dollarised economies: The effective but asymmetric effects of foreign currency reserve requirements

Emerging markets with partially dollarised financial systems are particularly vulnerable to global financial cycles. This column examines how reserve requirements…

9 months ago

On the fragility of the nonlinear Phillips curve interpretation of recent inflation

The inflationary episode from 2021 to 2023 reignited the debate on the nonlinearity of the Phillips curve. Aggregate and city-level…

9 months ago

Partisan politics and global supply chains: How CEO political alignment shapes trade decisions

Against a backdrop of escalating geopolitical tensions and rapidly shifting global alliances, policymakers are advocating strategies such as ‘friendshoring’ to…

9 months ago

Double Blow: Drug Tariffs and Wage Hikes Threaten California’s Pharmacies

In the dim basement of a Salt Lake City pharmacy, hundreds of amber-colored plastic pill bottles sit stacked in rows,…

9 months ago

Rapidly expanding school voucher programs pinch state budgets

In submitting her updated budget proposal in March, Arizona Gov. Katie Hobbs lamented the rising costs of the state’s school…

9 months ago

The local effects of artificial intelligence labour investments: Evidence from the municipal bond market

The long-term effects of artificial intelligence are still unknown, as productivity benefits may be compromised by unintended costs. This column…

9 months ago

Trade policy for developing economies

Developing economies face a far more challenging international trade environment than they did at the start of the 21st century.…

9 months ago

From protection to transformation: The experience of Argentina’s trade adjustment assistance program

Trade liberalization often triggers anxiety about job losses and economic disruption. Argentina's innovative Programa Nacional de Transformación Productiva (PNTP) demonstrated how a…

9 months ago