Development
Innovation is widely viewed as the engine of economic growth. But not all innovations play the same role. Economists often distinguish between product innovations, which
April 1, 2026
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Article & News
Author: GECMagz
Economy
The composition of international reserves is in a constant state of flux. This column identifies some surprising recent trends, including the continued diversification away from
March 30, 2026
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Economy
A central problem for every firm is to ensure that workers provide effort, especially when that effort is hard to monitor. While financial incentives such
March 30, 2026
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Energy
In a cost-of-living shock, households must cope with lower purchasing power while also substituting away from goods whose prices have risen. The distributional consequences of
March 30, 2026
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CLimate Change
Economics offers a century-old fix to climate change: carbon pricing. While widely accepted in policy circles, practical attempts to implement carbon taxes have been consistently
March 26, 2026
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Economy
Public debt is at or near record highs in many economies, at the same time as population ageing, climate change, and defence needs are putting
March 26, 2026
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Banking
Bank balance sheets on both sides of the Atlantic have undergone a profound transformation. While traditional corporate lending has slowed, lending to non-bank financial institutions
March 24, 2026
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Innovation
Comparable international survey data on artificial intelligence adoption by firms is still lacking. This column surveys over 5,000 CFOs, CEOs, and executives from stratified firm
March 24, 2026
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International Trade
Business cycles in advanced economies are increasingly driven by global rather than domestic shocks. This column shows that global shocks now account for about half
March 22, 2026
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Economy
The relationship between inflation and economic slack, shown by the Phillips curve, has long been a cornerstone of economic policymaking. A steep Phillips curve suggests
March 22, 2026
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