Geoeconomic fragmentation may have major implications for the global economy. This column uses using a multi-country New Keynesian model to…
By increasing the cost of using fossil fuels, carbon taxes should incentivise substitution toward cleaner energy. In practice, firms may…
Financial crises usually inflict the most damage when banks suddenly shift from pursuing profits to survival. This column argues that…
Energy intensity and efficiency are at the core of the green transition. Using a new firm-level complexity index, this column…
Industrial policy will play a key role in navigating the energy transformation, and the global automotive industry is already adapting.…
Unanticipated debt increases hinder growth and drive inflation in emerging markets. Fiscal frameworks and buffers, consolidation strategies, and coordinated policies…
Afghanistan is facing a severe food security crisis, with millions struggling to access adequate food. An estimated 11.6 million Afghans—25…
Afghanistan is facing a severe food security crisis, with millions struggling to access adequate food. An estimated 11.6 million Afghans—25…
Azerbaijan’s capital, Baku hosted the annual global climate Conference of the Parties (COP) from November 11–23 2024. Over 60,000 delegates…
By September, men have already earned the salary that will take women three more months to obtain due to the…