
Commodity wealth demands a fiscal balancing act
Commodity booms are easy to celebrate but hard to manage. For resource-rich economies, commodity windfalls—if managed well—can finance investment,

Commodity booms are easy to celebrate but hard to manage. For resource-rich economies, commodity windfalls—if managed well—can finance investment,

Housing shortages and rising rents have become a source of political pressure in many countries, prompting calls for stronger

Of the estimated 244 million firms in Africa, 232 million (95%) are own-account businesses consisting of only the owner, and

EU banking rules are under pressure for simplification, but reforms should cut complexity without weakening financial safeguards. Strong financial

Asian investors struck a cautious tone on artificial intelligence as they increasingly wager on businesses that can withstand the

How households behave in an environment with deposit rates below zero is important for monetary transmission, but the literature

Covid travel restrictions limited movement of people but also made cross-border goods trade more difficult. This column uses a

Retail trade and professional services employ a large share of workers across OECD countries and provide key intermediate inputs

The post-COVID inflation surge was global, but inflation persistence was not. This column argues that the key difference lies

Can policymakers rely on traditional labour market indicators when unemployment, vacancies, wages, and payroll growth appear to send conflicting

Commodity booms are easy to celebrate but hard to manage. For resource-rich economies, commodity windfalls—if managed well—can finance investment,

Housing shortages and rising rents have become a source of political pressure in many countries, prompting calls for stronger

Of the estimated 244 million firms in Africa, 232 million (95%) are own-account businesses consisting of only the owner, and

EU banking rules are under pressure for simplification, but reforms should cut complexity without weakening financial safeguards. Strong financial

Asian investors struck a cautious tone on artificial intelligence as they increasingly wager on businesses that can withstand the

How households behave in an environment with deposit rates below zero is important for monetary transmission, but the literature

Covid travel restrictions limited movement of people but also made cross-border goods trade more difficult. This column uses a

Retail trade and professional services employ a large share of workers across OECD countries and provide key intermediate inputs

The post-COVID inflation surge was global, but inflation persistence was not. This column argues that the key difference lies

Can policymakers rely on traditional labour market indicators when unemployment, vacancies, wages, and payroll growth appear to send conflicting




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