Article & News

Author: GECMagz

Finance
Time to rethink Central Bank Money

In most jurisdictions today, two legacy conventions cause significant misperceptions of central bank money—the backbone of modern monetary systems. First, it is still commonly treated as a

Development
Beyond just IT: cybersecurity as a foundation for economic growth

A cyberattack against Morocco’s National Social Security Fund, which resulted in the leakage of the personal and financial details of nearly two million people; a cyber heist of US$ 1.5 billion in Ethereum, from the

Development
Maximizing efficiency to minimize shipping costs and emissions

Ships move most internationally traded goods between countries. Low-cost seaborne transport allows countries to import essential commodities – such as food, clothing, and pharmaceuticals – and export their own signature products competitively. To safeguard low transport costs, we have analyzed

Industrial organization
Two decades of Chinese industrial subsidies

China’s industrial policy has become a central flashpoint in global trade debates, yet systematic evidence on what China actually does remains scarce. This column reveals

Finance
Drivers of international primary income balances

Financial globalisation has been a central feature of the world economy since the mid 1990s, leading to large holdings of cross-border assets and liabilities (Milesi-Ferretti

Development
Accommodating emerging giants in the global economy

History provides examples of large changes in the relative economic size of nations. Often these economic realignments coincide with heightened geopolitical tension. A historical example