Credit market conditions have been identified as a key driver of the prevalence of zombie firms. This column studies the relationship between credit conditions and
The literature on the economic origins of political radicalism revolves largely around the ‘China shock’. Yet, trade not only causes shifts in the labour market
Since 2016, there has been a surge of commitments for net zero emissions by large firms. This column analyses whether these corporate commitments can have
As artificial intelligence is becoming a top priority for businesses and policymakers worldwide, understanding what makes a country competitive in AI-driven industries is crucial for
Central bank independence has recently re-emerged as a major concern within political economy discussions. This column shows that improvements in central bank independence yield long-lasting
Using survey data from the RAND American Educator Panels, the authors examine the use of artificial intelligence (AI) tools and products among teachers and principals
Half of the graduates from top economics PhD programmes in the US publish next to nothing in the years following degree completion. This column studies
Asia and the Pacific face a daunting infrastructure challenge, requiring sustained investment to enhance connectivity, safety, and resilience. While road networks dominate spending, underinvestment in
The World Bank’s new corporate scorecard sets a critical target: generating millions of well-paying jobs. This is vital for the Middle East and North Africa (MENA) region,