The case for management managing ownership
In Japan, where intercorporate strategic shareholding is widespread, management often takes an active role in managing company ownership. This column describes how Japanese management manages
Elderly employment in Malaysia: Does it reduce job opportunities for youth?
Like many other countries, Malaysia is confronted with a rapidly aging population. As it ages, Malaysia faces a number of policy challenges, including the financial
Three mindset shifts to build digital and AI empowered education systems
Menab, 8, from Ethiopia attends a school without electricity and has never used the internet. His teacher, Bethel, 25, wants to take a mobile-based teacher
Beyond Blue Sky Research
How can the world respond to climate change? For a long time, answers to that question focused almost exclusively on mitigation – reducing the amount
Leveraging large language models for large-scale information retrieval in economics
The flood of new economics research makes it hard for policymakers and researchers to keep up. Traditional keyword searches often fail to capture the nuance
Home bias and China’s global standing in science
China’s emergence as the world’s leading producer of scientific publications has raised concerns about the West’s technological edge and the quality of China’s output. This
Uttarakhand’s water revolution: A pivotal shift from infrastructure to service delivery
For years, water programs have focused on building infrastructure—pipelines, tanks, and pumping stations. But we see that in Uttarakhand, a hilly state in northern India
Financial inclusion in Africa: Progress, challenges, and the road ahead
Imagine that everyone in Africa, from vendors in the bustling markets of Cairo, to agricultural workers in the remote villages of Kenya, had the power
AI’s impact on jobs may be smaller in developing countries
Artificial intelligence is transforming the global workforce, but its impact may not affect all regions equally. Much of the conversation about AI and jobs focuses on
It matters even more: Central bank independence, long-run inflation, and persistence
Central bank independence has recently re-emerged as a major concern within political economy discussions. This column shows that improvements in central bank independence yield long-lasting
