Creative industries, such as film, music, fashion design and advertising are a growing important source of economic activity globally, generating around $2 trillion of revenues
By most measures of human progress, the world is in better shape today than it has ever been—in life expectancy, in per capita GDP, and in literacy rates,
According to the World Bank, micro, small, and medium-sized enterprises (MSMEs) power the global economy, making up 90% of businesses, providing 50% of jobs, and driving
Public employment services are rapidly turning to artificial intelligence (AI) to develop a range of sophisticated digital tools. According to a recent survey, half of the
As global debt continues to climb, evaluating debt risks is critical. This column introduces a novel ‘debt-at-risk’ framework that uses information on current macro-financial and
The growing footprint of nonbank financial institutions in corporate credit markets raises important – but often overlooked – questions about how monetary and macroprudential policies