How to manage the economic trade-offs of public procurement policies in developing economies
Government procurement—the process in which public entities buy goods and services from private companies—represents between 5% and 20% of a country’s GDP, depending on the
Beverage prices soften but risks are brewing
Coffee prices remain high despite April dip. Coffee softened slightly in April after hitting record nominal highs. Arabica reached $9/kg in February-March, while Robusta approached $6/kg.
Finding the sweet spot between bank rivalry and safety
Imagine your favorite open-air market. Stalls hustle for customers, prices fall, and shoppers win—until one fragile roof gives way and everyone scrambles. Banking is similar.
Living la vida loca? Remote investing in Latin America, 1869-1929
Foreign stock exchange listings have become increasingly popular during the last 80 years. This column examines companies that were governed and listed in London during
Expanding private insurance for long-term care to reduce public spending
As populations age, the demand for long-term care will increase dramatically. This column argues that markets for long-term care insurance in the US have failed
EU likely to propose to G7 lowering price cap on Russian oil to $50 per barrel
The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part
Nvidia plans to sell tech to speed AI chip communication
Nvidia plans to sell a technology that will tie chips together to speed up the chip-to-chip communication needed to build and deploy artificial intelligence tools, it
Sovereigns on thinning ice: debt sustainability, climate impacts and adaptation
A fundamental problem for sovereigns enacting climate policies is whether they can manage increasing debts as their economies suffer from adverse climate impacts. We develop
New eBook: Trump’s Great Trade Hack
President Trump’s 2025 tariffs mark the onset of the post-American leadership era. This column introduces The Great Trade Hack, a new CEPR Rapid Response book
The trade imbalance network and currency fluctuations
In recent years, concerns over global financial fragmentation have grown amid rising geopolitical tensions. This column integrates a network structure in a multi-country model with
