The global financial landscape has evolved significantly in recent years, yet small and medium enterprises (SMEs) in emerging markets and developing economies (EMDEs) continue to
Accessing finance remains obstacle to agricultural growth in emerging markets, hindering farmers from improving productivity and escaping poverty. Less than 3% of credit provided by
Quantifying technology adoption, spillovers, and diffusion across firms is crucial for understanding industry dynamics, and in turn countries’ growth. This has become even more important
Donald Trump has promised a raft of new tariffs, prompting concerns about a concomitant increase in inflation. This column argues that tariffs do not necessarily
The Middle East and North Africa (MENA) region is highly vulnerable to climate change, with 60 percent of its population living in areas facing severe water
In the heart of the Himalayas, Bhutan, the kingdom that pioneered Gross National Happiness, faces an unprecedented challenge from climate-induced disasters. Yet within this challenge
Think of a typical entrepreneur in Dushanbe, with dreams of expanding business. Their products might be in high demand, yet when they seek a loan
Tackling climate change requires huge resources and a quick policy response (IPCC Working Group III 2022): the faster greenhouse gas (GHG) emissions are reduced, the
The Federal Reserve’s policy rate stands at 4.5%, dramatically higher than its pre-COVID level of around 1.5%–2%. This sharp tightening led many economists to predict,
Homeownership rates and housing wealth differ immensely across countries. Using a life-cycle model with housing wealth estimated on micro data from five large economies, this
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