An important question in international macroeconomics is the degree to which advanced economy (AE) investors impact the economic policies of emerging market economy (EME) borrowers. The basic question about how EMEs can manage their economies has been discussed generally through the debate about the Mundell-Fleming ‘policy trilemma’ and its implications for open capital markets in […]
Trade in services has been relatively neglected in trade policy debates. This column argues that this is partly due to the fact that ‘mode 3’ services, the biggest mode of supply for services trade whereby companies establish a physical presence abroad to deliver services to foreign customers, are systematically missing from official trade statistics. A […]
For this year’s End Poverty Day, I want to highlight one of the most pressing issues we must address to truly reduce poverty: the need for accelerated electrification across Africa. Electricity access is more than flipping a switch, it is the foundation for sustainable development, powering the lives of millions and unlocking their potential. No […]
The promise of artificial intelligence (AI) to ease the burden on judicial and legal systems worldwide is real, evidenced by the buzz at the recent Global Forum on Justice and the Rule of Law. The efficiencies argument for AI in public services has long been touted, but it is only more recently that we are starting […]
