GECMagz

Why the stock market has risen so much

For over four decades, owners of a diversified pension fund have been used to an annual real return of 5-6%.…

2 years ago

The giant missing piece in the EU’s capital market puzzle

In the spirit of unity, let me start with a statement we can all agree on: the EU needs to…

2 years ago

Geopolitical risk to oil production is not a major driver of the economy

Geopolitical downside risk to oil production can have sizeable effects on oil price uncertainty and the global economy. This column…

2 years ago

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…

2 years 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…

2 years 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,…

2 years 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…

2 years 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