Despite the rise of sustainable investing, recent evidence shows that emerging markets receive a very small fraction of the capital allocated by investment funds to
Public trust is a cornerstone of central banking. Shocks to trust depress economic activity and may cause inflation expectations to increase. This column introduces a
Institutions play an important role in economic growth. The efficiency of institutions such as judicial systems varies across countries and may explain the differences in
The Amazon, with its immense ecological and cultural wealth, faces pressing challenges in balancing biome protection and infrastructure development. This vast region remains one of
The World Bank’s agricultural prices index gained momentum in the second half of 2024, propelled by record-breaking price increases in beverages. However, this surge was
Reminiscent of the ‘Greenspan conundrum’, since 18 September 2024 the Federal Reserve has cut short-term interest rates by 100 basis points, while 10-year interest rates
The Los Angeles fires are an emerging catastrophe affecting hundreds of thousands of people, but unless something dramatically different is done, such disasters will become