The Great Wall of Chinese goods: The effect of tariff-induced re-rerouting on euro area consumer prices
Tariffs affect both supply and demand, possibly with contrasting effects on prices. This column shows that renewed US-China tensions could redirect Chinese exports to the
Climate adaptation and inequality: Lessons from Cape Town’s drought
A growing number of urban areas around the world face water scarcity. Focusing on the prolonged drought that Cape Town experienced from 2015 to 2018,
Dealing with Trump: Dos and don’ts
Trade negotiations between the US and the EU are entering a crucial stage. This column argues that, faced with a highly uncertain geopolitical situation, the
Ukrainian refugee labour market access shows no impact on local employment outcomes in Czechia
Russia’s 2022 invasion of Ukraine sparked Europe’s largest refugee crisis since WWII. Unlike past waves of migrants, Ukrainian refugees gained immediate labour market access through
Beyond calories: Benchmarking access to healthy diets for people, planet, and policy
The suite of indicators measuring the Cost and Affordability of a Healthy Diet, known as “CoAHD”, was launched in 2020 and is now an established
Tax incentives for R&D can spur innovation and growth—when done right
As the debate around industrial policy intensifies, there is broad consensus on the rationale for government support to encourage private sector innovation. Economy-wide returns from
Unlocking finance for creative industries
Creative industries, such as film, music, fashion design and advertising are a growing important source of economic activity globally, generating around $2 trillion of revenues
Three barriers to municipal finance—and how to overcome them to create jobs and growth
Cities in low- and middle-income countries are growing fast—but their ability to finance the infrastructure and services needed to support people and jobs is lagging behind. The
The looming global debt disaster
Despite a succession of shocks since 2020, the global economy has held up remarkably well—so far. But the margin for error is dwindling. Total global
The World Bank’s new global poverty lines in 2021 prices
The World Bank has revised its estimates of global poverty to reflect new data on prices and national poverty lines from more than 160 countries
