2024 is the hottest year on record, EU scientists say
This year will be the world’s warmest since records began, with extraordinarily high temperatures expected to persist into at least the first few months of
Brussels seeks more information on secret Google-Meta ads deal targeting teens, FT reports
European regulators have asked Google for more information about its now-scrapped secret advertising partnership with Instagram-parent Meta Platforms that ignored the search company’s rules on
China ready to go deeper into debt to counter Trump’s tariffs
In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is
Carbon tax reform: Fair, efficient, and budget-neutral
Carbon taxes are notoriously unpopular, but handing back carbon tax revenue as lump-sum dividends to all citizens as climate dividends is inefficient. This column investigates
Central bank business surveys: Version 2.0
Sample surveys have been a fundamental tool for capturing policy-relevant heterogeneities among agents, especially firms, and remain crucial for providing insights into key analytical issues.
A hidden dragon: China’s spillovers on the financial markets of emerging economies
Global financial markets are becoming increasingly intertwined. This column analyses the potential spillovers of shocks originating in China on the financial markets of emerging economies,
Miracle or myth: Assessing the macroeconomic productivity gains from artificial intelligence
Artificial intelligence has been shown to deliver large performance gains in selected economic activities, but its aggregate impact remains debated. This column discusses a micro-to-macro
Bitcoin valuation: Transactional demand versus speculative bubble
The recent surge in the price of Bitcoin has reignited debates about a cryptocurrency bubble, many of them based on intuition. This column takes a
Harnessing the benefits of digital agriculture for smallholder farmers in East Africa
Mobile phone-based extension programmes can be used to disseminate information about modern inputs and management practices to smallholder farmers in low-income countries who would be
Government reform and innovation performance in China
While conventional wisdom considers research investment and human capital the wellsprings of innovation, a more subtle catalyst has perhaps been overlooked: the quality of institutions,
