Over the past two decades, Africa’s public debt landscape has undergone a profound transformation. The continent’s total public debt has risen more than fourfold since
In early 2025, ruling by emergency decree (Fayyad 2025), US President Donald Trump imposed steep and broad tariffs against the outside world in two waves.
Stablecoins – digital tokens pegged to fiat currencies – have emerged as a major innovation in crypto finance, with broad implications for payments and international
For decades, East Asia has been a paragon of economic dynamism. But today, in an era of rapid global technological advances, productivity growth in the
Monetary policy moves aggregate investment, but the underlying drivers remain unclear. This column opens the black box with a German firm survey. A one percentage
In many Germanic languages, the commonly used word for “debt” also means “guilt”, which carries a strong moral connotation. Commentators have long suspected that this
Do firms strategically confuse their consumers to raise prices at the industry level, and if so, how? Obfuscation refers to strategies that make it harder
Classifying loans as fixed-rate or floating-rate fails to fully capture their distinct sensitivity to changes in ECB policy rates. This column analyses the maturity of
Philippe Aghion and Peter Howitt have been jointly awarded the 2025 Nobel Prize in Economic Sciences with Joel Mokyr ‘for having explained innovation-driven economic growth’.