Discussion of ‘geoeconomics’ – countries using their economic strength to achieve geopolitical goals – has increased rapidly following the imposition of Western sanctions on Russia. This column presents a novel framework to understand how a hegemon in the international system exerts its power within its economic network. The authors use the framework to demonstrate how […]
ChatGPT-maker OpenAI is planning to appoint several new board members within the next month, the Washington Post reported on Thursday, citing a person familiar with the matter. Source : Reuters
The vulnerability of supply chains to disruptions is closely related to the dynamics of firm-to-firm trade relationships. This column introduces a new measure of ‘relationship stickiness’ which quantifies these vulnerabilities across 5,000 different product categories. Stickier product markets are more sensitive to the impact of distance on the magnitude of trade and experience a stronger […]
In emerging market and developing economies, primary fiscal deficits, primary government expenditures, and government wage bills have tended to rise significantly around election years – in democracies and non-democracies alike. This column explores political budget cycles in 104 emerging market and developing economies during 1993-2022 and finds that, while primary spending increases tended to be […]
Prices across many advanced economies surged in 2021-22. This column estimates the impact of this inflation shock on euro area households. It shows that higher prices reduced the real incomes and net wealth of most households as there was no immediate increase in nominal wages and pensions, nominal house prices, or the nominal value of […]
University-based research has long been seen as a source of innovation and economic growth, but many discoveries made by university faculty never realise their full commercial potential. This column analyses the process of translating cutting-edge research into commercial activity. Examining cases in which scientists moved from one academic institution to another, the authors find that […]
Early life and education Bukhari was born in Karachi on (day) February 1979. Bukhari’s grandfather, Ameer Shah Bukhari, an Indian Civil Services officer, later became a revenue collector in Hyderabad, Sindh. His father, Shaukat Ali Shah Bukhari, a senior bureaucrat and author, served as the Director General of Excise Police in Sindh, Pakistan. Bukhari completed his early education at the St Paul’s School. In 1999, Bukhari Did his bachelor’s degree in marketing at The University of Manchester. Two years later, he returned to Karachi to continue his education and secured an MBA in marketing from the Institute of Business Management, Karachi. In 2010, he traveled […]
Asia’s largest business show returns in 2024, at Marina Bay Sands Expo & Convention Centre on August 28th & 29th. The Business Show Singapore aids SMEs and startups, focusing on innovation and adaptation to revive Asia’s business landscape. With 250 exhibitors, 150 seminars, and masterclasses, it equips entrepreneurs with essential knowledge and services, fostering growth […]
This blog post is part of a special series based on the 2023 Commodity Market Outlook, a flagship report published by the World Bank. This series features concise summaries of commodity-specific sections extracted from the report. The World Bank’s Agriculture Raw Material Price Index increased marginally in January 2024 (m/m), after sliding 1 percent in 2023Q4, […]
As we highlighted last week in a companion blog, countries vary considerably in how they define urban areas, which makes comparison of urbanization patterns across countries difficult. However, that’s not the only problem—the lack of standard urban definitions also throws up challenges for poverty measurement and analysis, such as the disaggregation of poverty statistics between urban […]
