GECMagz

Why the stock market has risen so much

If you invested one dollar in the post-war years in a diversified portfolio of all publicly traded firms, by 1980…

1 year ago

Inequality within countries is falling

Tax data suggest that while inequality between countries has fallen dramatically, inequality within countries has risen. Household surveys point to…

1 year ago

The green transition and public finances: Balancing climate mitigation and fiscal sustainability

The need to mitigate climate change has never been more urgent. Governments play a critical role in the green transition,…

1 year ago

Scaling Behavioral Interventions in a Cash Transfer Program: A Success Story from Ghana

Cash transfer programs have significantly reduced poverty over the years. The World Bank\'s Social Protection and Jobs (SPJ) Unit, in…

1 year ago

The role of workforce ageing in closing the gender pay gap

The narrowing of the gender pay gap slowed around the turn of the 21st century. Meanwhile, younger workers have fared…

2 years ago

The global semiconductor talent crunch: How protectionism backfired

The US aims to revitalise its domestic semiconductor manufacturing industry, but will there be enough skilled workers to meet the…

2 years ago

The return to overseas visits by political leaders: Evidence from Japanese yen loan procurement auctions

Japan identifies ‘top-level sales’ through overseas visits by political leaders as an important policy tool to help Japanese firms win…

2 years ago

Accelerating climate impact for forested landscapes: 3 lessons from independent evaluations

As the urgency to combat climate change intensifies, the World Bank Group is stepping up its support for countries by leveraging innovative…

2 years ago

Rethinking social protection in South Asia: Toward progressive universalism

In recent years, South Asia has been beset with an unprecedented combination of negative shocks. In Sri Lanka, an economic crisis…

2 years ago

Seven Actions Armenia Can Take to Accelerate the Adoption of Electric Vehicles

Armenia is poised to benefit economically and environmentally from electric vehicle adoption, driven by affordable electricity and regulatory reforms. By…

2 years ago