Information frictions in financial markets are key to understanding episodes with macroeconomic consequences—particularly in emerging market economies (EMEs), where such…
Despite billions spent on education, healthcare, and infrastructure, why do so many countries struggle to achieve meaningful development outcomes? Is…
Carbon pricing has become a central tool in Europe’s strategy to mitigate climate change. This column presents new evidence on…
The transition to clean energy will require a significant reallocation of technological investments away from fossil energy sources towards cleaner…
Tariff escalation between China and the US will result in decoupling of goods trade, raising fears that Chinese exports destined…
Extractive taxation is considered one of the main causes of the French Revolution. This column exploits regional variations in the…
With the prospect of far-reaching decoupling of goods trade between China and the US, fears of deflection of Chinese exports…
Safe assets are the building blocks of modern financial markets. This column examines the sectoral dynamics of safe assets across…
The path to achieving a resilient agri-food sector to enhance food and nutrition security (FNS) stands at a crossroad in…
Emerging markets with partially dollarised financial systems are particularly vulnerable to global financial cycles. This column examines how reserve requirements…