GECMagz

Estimating the economic impacts of AI in Saudi Arabia

Since 2019, the World Bank has been actively engaged with Saudi authorities to enhance the Kingdom's digital sector, and with…

1 year ago

The world is facing a looming jobs crisis. Cities can help

Over the next decade, an unprecedented 1.2 billion young people in the Global South will become working-age adults. However, the…

1 year ago

How grassroots support can help strengthen Viet Nam’s preparedness for health emergencies

Many citizens across Viet Nam vividly recall January 23, 2020. On this day, five years ago, millions awoke to the…

1 year ago

How tightening mortgage credit raises rents and increases inequality in the housing market

Steadily increasing rents and historically high house prices in many euro area countries are forcing many households to devote ever…

1 year ago

Financial intermediation and zombie firms: Theory and evidence

Credit market conditions have been identified as a key driver of the prevalence of zombie firms. This column studies the…

1 year ago

Trade shocks and relative consumption: Why the European middle class is turning to the far-right

The literature on the economic origins of political radicalism revolves largely around the ‘China shock’. Yet, trade not only causes…

1 year ago

Corporate climate commitments: A profit-driven strategy, not just empty promises

Since 2016, there has been a surge of commitments for net zero emissions by large firms. This column analyses whether…

1 year ago

How to build comparative advantage in AI-intensive industries: Evidence from US imports

As artificial intelligence is becoming a top priority for businesses and policymakers worldwide, understanding what makes a country competitive in…

1 year ago

It matters even more: Central bank independence, long-run inflation, and persistence

Central bank independence has recently re-emerged as a major concern within political economy discussions. This column shows that improvements in…

1 year ago

Uneven Adoption of Artificial Intelligence Tools Among U.S. Teachers and Principals in the 2023–2024 School Year

Using survey data from the RAND American Educator Panels, the authors examine the use of artificial intelligence (AI) tools and…

1 year ago