Feeding the Next Generation: Why East Asia’s Agricultural Support Policies Need to Change

Rice feeds nearly 690 million people across Southeast Asia. For decades, governments across the region built entire policy architectures around producing it — subsidizing inputs,
The macroeconomic impact of the Recovery and Resilience Facility: An analysis for Italy, Spain, and Greece

The EU Recovery and Resilience Facility was launched to support post-Covid recovery while accelerating structural transformation through investment and reform. This column provides a preliminary
Climate fairness, economic development, and Europe’s responsibility

The idea of equal cumulative emissions per person is simple: every individual should have an equal claim on the atmosphere regardless of where they live.
Mapping the world’s building regulations: new platform for smarter reforms

Every year, the world adds floor space equivalent to a city the size of Paris roughly every five days. Most of that construction happens in
How large current account imbalances unwind: Evidence from historical adjustment episodes

Global imbalances are back in the policy debate. This column examines 70 current account adjustment episodes across 51 economies from 1980 to 2024 to discover
Trapped at home: Climate stress is more likely to immobilise the poor than to move them

Climate-driven displacement is widely expected to push millions across international borders. Drawing on monthly bilateral flows for 127 developing-country origins, this column finds the reverse:
Innovation without borders

Europe has devoted substantial resources to fostering innovation and AI diffusion, through both centralised EU initiatives and national programmes. This column combines an experiment on
Trapped at home: Climate stress is more likely to immobilise the poor than to move them

Climate-driven displacement is widely expected to push millions across international borders. Drawing on monthly bilateral flows for 127 developing-country origins, this column finds the reverse:
Dollar liquidity, gold reserves, and US monetary spillovers in a fragmenting world

Central banks are rethinking reserve portfolios as geopolitical fragmentation raises concerns about the accessibility of foreign-held assets, while dollar-funding stress keeps the US dollar at
High-speed internet and early childhood development: Causal evidence from a countrywide programme

The rapid expansion of high-speed internet has intensified concerns about how digital technologies affect early childhood. Using the staggered rollout of fibre optic to the

