GECMagz

Leveraging AI to navigate ‘deglobalization’

Trade wars, industrial policy, and myriad other supply chain disruptions have fast become the ‘new normal’. Yet, given the highly…

1 year ago

Climate change, central banks, and monetary policy trade-offs

High temperature shocks create monetary policy trade-offs. This column uses a new monthly data set to study how 14 European…

1 year ago

From chalkboards to chatbots: Transforming learning in Nigeria, one prompt at a time

\"AI helps us to learn, it can serve as a tutor, it can be anything you want it to be,…

1 year ago

A bold reform in Comoros: Opening up the rice market to increase food security and catalyze private sector growth

For decades, Comoros has grappled with rice shortages, a persistent issue rooted in the state monopoly held over ordinary rice…

1 year ago

How the Bank of England could have avoided mis-forecasting UK inflation during 2021–24

The Bernanke Review was triggered by the Bank of England mis-forecasting UK inflation as it rose rapidly from 2021, peaking…

1 year ago

The AI governance balancing act: Navigating opportunities and risks

Did you know that in Sub-Saharan Africa, students spend an average of six years in school but leave with only three…

1 year ago

FraNK: Fragmentation in the New Keynesian model

Geoeconomic fragmentation may have major implications for the global economy. This column uses using a multi-country New Keynesian model to…

1 year ago

Carbon leakage through firms’ supply chain adaptation

By increasing the cost of using fossil fuels, carbon taxes should incentivise substitution toward cleaner energy. In practice, firms may…

1 year ago

The one-in-a-thousand-day problem

Financial crises usually inflict the most damage when banks suddenly shift from pursuing profits to survival. This column argues that…

1 year ago

Heterogeneous firm upgrading and energy intensity

Energy intensity and efficiency are at the core of the green transition. Using a new firm-level complexity index, this column…

1 year ago