There are concerns that the widespread adoption of central bank digital currencies could drain bank deposits and weaken banks’ ability…
The G20 is approaching a turning point. Established in the aftermath of financial crises as a forum for macroeconomic coordination,…
Innovation is widely viewed as the engine of economic growth. But not all innovations play the same role. Economists often…
The composition of international reserves is in a constant state of flux. This column identifies some surprising recent trends, including…
A central problem for every firm is to ensure that workers provide effort, especially when that effort is hard to…
In a cost-of-living shock, households must cope with lower purchasing power while also substituting away from goods whose prices have…
Economics offers a century-old fix to climate change: carbon pricing. While widely accepted in policy circles, practical attempts to implement…
Public debt is at or near record highs in many economies, at the same time as population ageing, climate change,…
Bank balance sheets on both sides of the Atlantic have undergone a profound transformation. While traditional corporate lending has slowed,…
Comparable international survey data on artificial intelligence adoption by firms is still lacking. This column surveys over 5,000 CFOs, CEOs,…