Enabling Cyber Resilient Development
Cybersecurity is a growing challenge to sustainable economic development. Cyber incidents can impact the safety, prosperity, and resilience of a country and can undermine the benefits
Workers Need Digital Skills to Remain Relevant in the Post-Pandemic Job Market
As the region emerges from the pandemic, businesses should adopt more flexible approaches to developing talent for digital jobs, while workers must embrace lifelong learning
Scaling up agricultural policy interventions: Evidence from Uganda
Roughly two-thirds of the world’s poor work in agriculture (Castaneda et al. 2016). Policy interventions aimed at increasing agricultural productivity – such as programmes that
The energy crisis and the German manufacturing sector: Structural change but no broad deindustrialisation to be expected
Historically, despite being high in international comparison, European energy prices did not constitute an insurmountable obstacle to industrial expansion because of the exceptional energy efficiency
Monetary policy, inflation, and crises: New evidence from history and administrative data
With year-on-year inflation rates reaching 10% in 2022, central banks in Europe and the US have been raising interest rates to ensure price stability. These
Banks’ exposures to high-carbon assets may represent a medium-term vulnerability for the financial system
Climate change is rapidly being recognised as a potential source of financial risk by regulators and supervisors (Claessens et al. 2022, FSB 2022, ESRB 2021a,
Public service deprivation and the rise of the far right
Far-right parties across the globe have made significant electoral gains in recent years. Some of them have even been able to defeat traditional cordons sanitaires that actively
Model-based regulation: Lending in times of COVID-19
Bank lending is inherently pro-cyclical. This is because, during upswings in the business cycle, banks tend to overestimate the creditworthiness of their borrowers, often resulting
Responses to COVID-19: The role of policy space
In early 2020, as COVID-19 morphed into a global pandemic, countries faced multifaceted challenges: a health crisis from a poorly understood disease, a financial crisis
Openness to trade and regional growth: Evidence from Italy during the First Globalisation
The economic, social, and political consequences of globalisation have been a hot topic in the public debate over the last decades. The international integration of
