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 more and more common. So far, the fires have forced hundreds of thousands to evacuate, destroyed thousands of homes, and have resulted in at least five fatalities. Authorities believe the […]
The question of whether immigrants from countries with low levels of political trust bring those attitudes with them to their host societies has long been debated. This column leverages survey data from 38 countries, and exploits variation across countries, cohorts, and survey rounds, to show that immigrants exposed to institutional corruption during early adulthood (ages […]
The World Bank’s beverage price index increased by 18 percent in December, following surges in coffee and cocoa prices amid renewed supply concerns. The index, which declined by 6 percent in the third quarter of 2024 (q/q), remains approximately 91 percent higher than its level a year ago. Following a 58 percent increase in 2024, […]
