Immigrant integration in Europe: Progress without full convergence
Immigration is increasingly part of the European policy debate on ageing, labour shortages, and the sustainability of welfare systems. This column uses microdata from the
Foreign currency funding risk and global financial stability
The Credit Suisse crisis in 2023 demonstrated that foreign currency funding vulnerabilities remain material even in advanced, well-regulated financial systems. This column introduces a new
Challenges to the integration of the Western Balkans into European Union supply chains
Western Balkan economic integration with the European Union has advanced significantly over the past two decades, driven by trade liberalisation and significant EU foreign direct
Mapping the household-level transmission of monetary policy
The monetary tightening that followed the post-pandemic inflation episode has revived long-standing debates about how monetary policy affects households. This column uses a survey of
Macroeconomic policies for AI
While some observers argue that artificial intelligence may lead to large productivity gains, there are also concerns that it may lead to technological unemployment and
The dollar’s status through the lens of foreign exchange reserves
The US dollar’s share of global foreign exchange reserves has fallen since the 1990s. This column argues that changes in aggregate reserve shares conflate two
Unlocking the benefits of green water flows for growth and development
At the Global Facility for Transboundary Waters, when we speak with stakeholders about transboundary water management, the conversation almost always centers on the stewardship of what
Building Resilience in Europe and Central Asia: A Smart Investment for Growth and Jobs
The data is clear: Investments in adaptation and resilience deliver high economic returns but remain insufficient and poorly targeted. Evidence shows that targeted, early investments
Fertilizer prices surge as Strait of Hormuz disruptions tighten supplies
The World Bank Group’s fertilizer price index rose more than 12 percent in 2026Q1 (q/q), marking its sixth increase in seven quarters. By April 2026,
Nvidia CEO joins Trump’s thorny trade mission to China
Trump embarks on the first visit by a U.S. president to China in nearly a decade eager to land some economic wins and prop up
