Anchored in troubled waters: Why Economic and Monetary Union membership is less bad than you might think

Recent events, such as tariff announcements, illustrate that even global shocks may feature important country-specific components. This column finds that a monetary union shapes the
The rising cost of motherhood in Germany

Reductions in women’s labour supply after childbirth remain a persistent driver of gender earnings inequality. Using data from West Germany from the 1960s to 2013,
Global food commodity prices ease amid improved supply conditions and trade concerns

This blog post is part of a special series based on the April 2025 Commodity Markets Outlook, a flagship report published by the World Bank. This
How digitization is disrupting collateral-based lending

In the fast-paced world of finance, ongoing digitization is disrupting the traditional rules of banking with profound consequences. Our lives have also become more digital through
Investing in Mental Health: An Economic and Social Imperative for Latin America and the Caribbean

Mental health represents a significant public health challenge and a critical economic and social issue for countries in Latin America and the Caribbean (LAC), particularly
Disaster protection: How public-private insurance programs can make low-income countries more resilient

The growing toll of global disaster and climate losses seems inescapable. The year 2024 was another record-breaking year, with global disaster losses estimated at over
The foreign returns of nations: A puzzle

Global external assets exceeded 200% of world GDP in 2020. Comparing the performance of foreign investments for 13 advanced economies between 1975 and 2023, this
The real effects of Brexit on labour demand

The implementation of Brexit produced markedly different experiences for Northern Ireland, which effectively remained within the EU’s Single Market for goods, and the rest of
Digital technology – A game changer for Ghana’s agricultural input distribution

Delivering free or subsidized agricultural inputs to smallholder farmers in Ghana has always been a challenge—especially during emergencies, when speed is of essence. The objective is
Trade’s hidden barriers: Navigating non-tariff measures

While tariffs dominate the news, international trade is increasingly shaped by an array of regulations known as non-tariff measures (NTMs). Unlike tariffs, which are taxes imposed

