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,
StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy

Standard Chartered (StanChart) will target $200 billion in new assets and double-digit growth in income from its wealth business over the next five years, as part
Barclays reaches $19.5 million settlement over debt sale blunder

Barclays agreed to pay $19.5 million to settle a lawsuit in Manhattan by shareholders who accused the British bank of securities fraud after it sold
Navigating economic shocks: How firms adapted to the energy crisis

To manage the consequences of unexpected shocks, policymakers need to understand how firms respond to such shocks. This column uses linked, high-frequency survey micro data
Trump’s victory and equity markets: The effect of political proximity

Donald Trump’s re-election as president of the United States on 5 November has stirred both optimism and apprehension in global financial markets. As his administration

