When beliefs shape policy outcomes: Lessons from preferential college admissions in Chile
Preferential college admission is gaining traction worldwide as a means to address inequality in higher education, drawing greater attention to the design of such policies.
How wage inequality affects the labour movement
The negative correlation between inequality and unionisation rates in the US has been extensively documented, but while the other direction of causality – the impact
Adjusting productivity for carbon emissions: A new perspective on the growth slowdown
Productivity growth has been lacklustre over the past 20 years in most advanced economies. But standard productivity measures ignore the progress that some economies have
Revisiting the consequences of job displacement
Decades of research have confirmed that job displacement causes significant and persistent earnings losses. This column presents new evidence from workers displaced during firm closures
Sudden stops in the euro area
Internal balance-of-payment crises should be taken as a strong signal of weakness and a wake-up call to reform euro area structures The single currency was
Behind the scenes: How we work with creditors on debt transparency
Earlier this year, the World Bank conducted the second round of a Data Sharing Exercise with G-7 and Paris Club creditors. This is the first large-scale
Turning knowledge into action: Scaling solutions for disaster risk
Knowledge, especially practical, hands-on know-how, is essential for countries to tackle development challenges and to build resilience to disasters and shocks. One of the most
Recent patterns in global risk behaviour in financial markets
Following the US tariff announcements in early April, the US dollar strongly depreciated while US Treasury yields rose. This column zooms in on the April
Italy and the cost of unintelligible laws: 110 billion euros a year
Over the past 30 years, laws in Italy have become longer, more convoluted, and frequently unintelligible even to seasoned legal professionals. This column exploits variation
Oil steadies ahead of US-Russia talks
Oil prices steadied on Monday, after falling more than 4% last week, as investors looked towards talks this week between the U.S. and Russia over
