Article & News

Author: GECMagz

Economy
Defence spending – no free lunch

The relationship between defence spending and growth has recently returned to the centre of policy discourse. This column argues that increased military expenditure should add

Banking
Bank failures: The roles of solvency and liquidity

Do banks fail because of runs or because they become insolvent? Answering this question is central to understanding financial crises and designing effective financial stability

Economy
Global shocks are back: Emerging markets holding up

When global uncertainty increases, emerging markets are typically the most exposed. Historically, tighter US monetary policy has led to capital outflows, currency depreciation, and tightening