GECMagz

Bhutan\’s climate resilience: Ten years of partnership and a path forward

In the heart of the Himalayas, Bhutan, the kingdom that pioneered Gross National Happiness, faces an unprecedented challenge from climate-induced…

2 years ago

Unlocking opportunities: How Tajikistan can make borrowing affordable

Think of a typical entrepreneur in Dushanbe, with dreams of expanding business. Their products might be in high demand, yet…

2 years ago

A European climate bond

Tackling climate change requires huge resources and a quick policy response (IPCC Working Group III 2022): the faster greenhouse gas…

2 years ago

Financial conditions matter more than interest rates: A new framework for monetary policy

The Federal Reserve’s policy rate stands at 4.5%, dramatically higher than its pre-COVID level of around 1.5%–2%. This sharp tightening…

2 years ago

Housing wealth across countries: The role of expectations, institutions, and preferences

Homeownership rates and housing wealth differ immensely across countries. Using a life-cycle model with housing wealth estimated on micro data…

2 years ago

Raising legal drinking ages: An opportunity to improve European educational outcomes

Teenage drinking remains widespread in Europe. To address concerns about its negative effects on health and cognition, many European countries…

2 years ago

The impact of financial deglobalization

Recorded at the CEPR Paris Symposium.  For several decades, global financial markets have been increasingly integrated. But has that process…

2 years ago

Central bank business surveys: Version 2.0

Sample surveys have been a fundamental tool for capturing policy-relevant heterogeneities among agents, especially firms, and remain crucial for providing…

2 years ago

UK Government\’s AI Plan Gives a Glimpse of How It Plans to Regulate the Technology

he UK government recently published its plan for using AI to boost growth and deliver services more efficiently. It also…

2 years ago

Pathways to a Durable Israeli Palestinian Peace

The authors examine the possibility that the extraordinary costs and destructiveness of the present Israeli-Palestinian conflict could demonstrate to all…

2 years ago