What happens at a COP climate summit?
Imagine a massive industry expo with the drama of a dozen simultaneous political conferences, a few flashes of impassioned protest and the occasional crowd crush
Distributional consequences of technology shocks through labour reallocation
The role of worker and job reallocation in an economy’s response to shocks and their impact on inequality is crucial, but less attention was paid
The environmental impact of housing and heating
Housing is a major component of energy consumption, yet residential emissions have typically received less policy attention than emissions from industry or transportation. This column
Sam Altman to return as OpenAI CEO after his tumultuous ouster
Sam Altman is returning as CEO of OpenAI just days after his ouster, capping frenzied discussions about the future of the startup at the center
Greek economy seen growing by 2.9% next year on strong investment
Greece expects its economy to grow faster in 2024 on the back of strong projected tourist inflows, higher investment and domestic demand, the government’s 2024
OpenAI’s board approached Anthropic CEO about top job and merger
OpenAI’s board of directors approached rival Anthropic’s CEO about replacing chief Sam Altman and potentially merging the two AI startups, according to two people briefed
The green transition and geopolitical tensions
A successful transition to a green economy depends crucially on the availability of various critical raw materials. Currently, China dominates the production and processing of
The digitalization of capital markets and boosting bond market efficiencies
Since its creation in 1944, the World Bank has issued bonds to raise funds from private investors that have mobilized close to $1tn for sustainable
Toyota’s Camry, best-selling car in US, goes all-hybrid
The next generation of the Toyota Camry, the best-selling sedan in the U.S. market, will come with only a gas-electric hybrid powertrain, the boldest move
In the global development math, multiplication beats division
Concessional finance—that is, grants and low-interest loans is more important than ever for the world’s poorest countries. Yet today’s aid architecture is highly complex, fragmented,
