Elevated corporate debt and high interest rates amid heightened uncertainty will test global economic resilience. Moreover, the increasing role of nonbank financial institutions in credit
Chinese monetary policy significantly affects global economic activity and inflation through a real transmission channel that crucially propagates via commodity prices. This column shows that
Some critics of U.S. export control policy argue that the national security imperative for export controls on advanced chips is unjustified, as in their view,
The Sukuk Market in 2024 Sukuk are financial certificates that are the closest Islamic law–compliant instrument to conventional bonds. Total sukuk issuance in 2024 was
Since 2019, the World Bank has been actively engaged with Saudi authorities to enhance the Kingdom’s digital sector, and with AI adoption spreading at breakneck
Over the next decade, an unprecedented 1.2 billion young people in the Global South will become working-age adults. However, the job market in these countries
Steadily increasing rents and historically high house prices in many euro area countries are forcing many households to devote ever more of their income to