The impact of a US-China technological decoupling on trade, foreign direct investment, and welfare is quantified using a simple dynamic quantitative trade model that includes
Financial crises affect economic activity and may also distort global supply chains. This column estimates the network effects of crises by examining European multinational enterprises
Biodiversity conservation is vital for sustainable development, poverty alleviation, and a livable planet. It sustains ecosystems that support human livelihoods, particularly in developing nations, by providing
Fiscal positions in small states, those with a population of 1.5 million or less, have deteriorated significantly over the past decade. The COVID-19 pandemic and
Natural resource dependence presents significant macroeconomic and structural challenges, often referred to as the \”resource curse.\” While much of the literature has focused on the
Central banks have made substantial progress in the fight against inflation. In July 2022, the median inflation rate worldwide was 9.4 percent, the highest since 2008.