Safe debt financing: International spillovers and the benefits of fiscal policy coordination
Safe government bonds enjoy a discount known as the convenience yield. When a government issues more debt, it erodes this discount for itself and for
The world is urbanizing fast — the window to get it right is narrowing
The most important urban decisions of this century are being made right now, mostly in cities you’ve never heard of. Today, 4.7 billion people, about
When aging meets digital & AI: Closing the silver digital divide for an aging world
We are living through two megatrends humanity has never seen before. The first is aging. Populations over 65 are growing not just in developed countries,
Tracking the changing role of foreign direct investment and remittances—check the latest WDI data
For decades, foreign direct investment (FDI) was seen as the primary engine of development finance. But that’s changing, as FDI flows fall off and remittances
Automation does not lower the labour share
The rapid diffusion of generative AI has revived fears that a new wave of automation will inevitably shift income away from workers. This column uses
When political pressure trumps academic freedom
Academic freedom has been declining over the past decade across the world. This column analyses over 25,000 economics working papers to show that, beyond direct
Uncovering the labour supply channel of monetary transmission
Economists have long viewed monetary policy as influencing labour demand, with little effect on labour supply. This column discusses four studies that use different methods
Climate policy may crowd out green values and what to do about it
Conventional approaches to policy design fail to recognise the plasticity of citizens’ beliefs and social preferences. Based on a representative sample from Germany, this column
Alpha Dhabi net profit surges 48% to $2.7bln in H1 2026
ADX-listed Alpha Dhabi Holding has posted a 48% year-on-year increase in net profit for H1 2026 to AED 9.8 billion ($2.7 billion), while revenue rose
HSBC sells $25 billion Australian home and personal loan portfolio to Blackstone
HSBC , is selling its A$36 billion ($25.30 billion) Australian home and personal loan book to global asset manager Blackstone in the world’s largest-ever home loan portfolio
