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
Experiencing natural disasters increases partisan disagreement on climate change
As climate-related disasters become increasingly frequent and destructive, one might expect first-hand experience of these events to bring consensus on the urgency of addressing climate
From decline to revival: Policies to unlock human capital and productivity
The question of why productivity growth slowed from the early- to mid-2000s continues to interest policymakers, but researchers have paid less attention to the role
Two centuries of systemic bank runs
Bank runs are notoriously difficult to measure systematically. This column constructs two novel, cross-country databases on bank run events in 184 countries over 1800-2023 and
Beyond energy: Inflationary effects of metals price shocks
The shift from fossil fuels to renewable technologies may render the global economy less oil-intensive and more metals-intensive. This column examines how metals supply shocks
US green power demand expected to grow regardless of election outcome
Demand for green power in the United States will grow regardless of who is the country’s next president, major players in the wind energy sector Vestas and
