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Safe debt financing: International spillovers and the benefits of fiscal policy coordination

Safe government bonds enjoy a discount known as the convenience yield. When a government issues…

1 day ago

The world is urbanizing fast — the window to get it right is narrowing

The most important urban decisions of this century are being made right now, mostly in…

1 day ago

When aging meets digital & AI: Closing the silver digital divide for an aging world

We are living through two megatrends humanity has never seen before. The first is aging.…

1 day ago

Tracking the changing role of foreign direct investment and remittances—check the latest WDI data

For decades, foreign direct investment (FDI) was seen as the primary engine of development finance.…

1 day ago

Automation does not lower the labour share

The rapid diffusion of generative AI has revived fears that a new wave of automation…

2 days ago

When political pressure trumps academic freedom

Academic freedom has been declining over the past decade across the world. This column analyses…

2 days ago