Innovative health technologies are enhancing mental health care and the management of noncommunicable diseases, particularly in low and middle-income countries. These advancements offer cost-effective solutions for screening, diagnosis, and patient care, improving healthcare outcomes globally. Around the world the burden of noncommunicable diseases has rapidly increased, with the four most common – cardiovascular diseases (heart […]
As they grow, countries need better transportation, energy, and communications networks. But how should a country go about prioritizing these investments? Are there synergies from coordinating them? Should they be done simultaneously or sequentially? Two recent World Bank studies focusing on Brazil, a country that has rolled out massive infrastructure investments over the past decades […]
Zombie firms are poorly performing firms that are unable to service their debt obligations over a prolonged period. They have a marginal return on capital that is below the risk-adjusted market cost of capital (Schivardi et al. 2022), and often survive due to bank support. Caballero et al. (2008) identify zombie firms as those that […]
One of the most enduring puzzles in economics is the vast disparity in wealth and prosperity between regions of the world. Following the beginnings of the Industrial Revolution in Britain, economic growth spread rapidly to some regions, while others saw significant improvements in living standards only in the 20th century – and many have yet […]
