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Global Business and Finance Magazine > Blog
Economy Business Featured World

Problem versus opportunity: Implications of immigration for workers’ welfare and entrepreneurship in Germany

Recent worldwide socioeconomic and political developments have increased immigration pressure on developed economies. Receiving countries are putting enormous efforts into understanding the repercussions of immigration better, particularly the refugee waves. This column describes how in Germany, one of the largest recipients of refugees, different demographic groups experienced heterogeneous welfare effects of immigration between 2012 and […]

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Innovation Economy Featured World

What we can learn from the inequality revolution in prehistory

Wealth disparities among hunter-gatherers and farmers in Neolithic western Eurasia (11,700 to 5,300 years ago) were less substantial than the inequalities of the past five millennia, owing to a culture of ‘aggressive egalitarianism’ that thwarted the emergence of enduring wealth inequality. This column argues that the Late Neolithic introduction of the ox-drawn plough raised the […]

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Economy Featured trade World

FraNK: Fragmentation in the New Keynesian model

Geoeconomic fragmentation may have major implications for the global economy. This column uses using a multi-country New Keynesian model to analyse the effects of various fragmentation sources, including tariffs on goods and commodities, as well as taxes on capital flows. Results indicate that the economic impact of fragmentation differs by region. Countries belonging to a […]

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Finance Business Featured News

How Emerging Markets Can Boost Resilience to Debt Shocks

Unanticipated debt increases hinder growth and drive inflation in emerging markets. Fiscal frameworks and buffers, consolidation strategies, and coordinated policies can mitigate these challenges and bolster resilience. The accumulation of debt in emerging market economies increased markedly in the decade after the global financial crisis of 2007-08 due to lower global interest rates during that […]

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Economy Business Featured Finance

How Asia’s Central Banks Can Leverage Innovation in Peer-to-Peer Lending Markets

The rapid growth and regulation of peer-to-peer online lending in the People’s Republic of China highlight its impact on financial stability and monetary policy transmission. This offers critical lessons for economies with expanding fintech sectors, emphasizing the need for balanced innovation and oversight. The financial system plays an integral role in transmitting monetary policy to […]

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Finance Banking Business Featured

How Performance Audits Can Drive Efficiency and Development Impact

Performance audits play a crucial role in improving the management and use of public funds, resulting in more effective and efficient government operations. Enhancing the capacity of supreme audit institutions to perform these audits is critical for improving public accountability and achieving development goals. Developing countries in Asia and the Pacific undertake ambitious public spending […]

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Technology Economy Featured News

It’s time for the European Union to rethink personal social networking

The European Union’s Digital Markets Act (DMA) includes interoperability requirements for messaging services but not for personal social networking platforms. These gatekeeper platforms have seen little increase in competition under the DMA. Interoperability requirements – meaning different services should be able to communicate with one another – should be expanded to cover social networks, enabling entry by […]

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Economy Featured Lifestyle News

Long-term care policies in practice: a European perspective

This paper offers a comprehensive study of the long-term care (LTC) systems in Germany, France, Slovenia, Italy and Denmark. In many EU countries, the demand for LTC services already exceeds supply. Without major reforms, this ‘care gap’ is likely to widen further because of population ageing. This paper highlights a number of recent reforms to […]

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News Featured media

The US defence industrial base can no longer reliably supply Europe

The United States under the outgoing Biden administration has supported the transatlantic relationship, both through NATO and by providing support to Ukraine. At the same time, the Biden administration has generally positioned itself against European attempts to reduce reliance on foreign arms. For example, the US ambassador to NATO criticised the EU’s aim of buying […]

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Energy Climate Environment Featured

Finance for nature: how to improve funding for the protection of biodiversity

The economics of biodiversity are still little understood and the loss of nature, which provides pollination, clean water and other ecosystem services, is often considered to have primarily local economic impact. But nature has an intrinsic value and also has extrinsic value to many parts of the economy. Destruction of nature has global costs because […]

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