
Easy money, easy spending: A new take on the resource curse
When wealth or income suddenly increases (‘easy money’), this may be directed towards unproductive ‘easy spending’. This column explores

When wealth or income suddenly increases (‘easy money’), this may be directed towards unproductive ‘easy spending’. This column explores

History suggests that using lax monetary policy and a weaker currency to address debt sustainability is a dangerous game.

The current US administration’s willingness to weaponise trade makes clear that transatlantic economic relations have become entirely transactional. This

The recent performance of the largest US tech companies has raised concerns about the risk of a stock market

The euro area faces persistently weak productivity growth alongside a sustained trade surplus and a trendless real exchange rate.

If economic activity is considered the primary driver of climate change through emissions of carbon dioxide, then supporting economic

Worldwide, air pollution is an “equal opportunity offender” impacting high-, middle-, and low-income countries. While low- and lower-middle-income countries bear

Fragility is no longer the exception. It is the new development realityFragility, conflict, and violence (FCV) are not abstract

Droughts, floods, storms, and heatwaves are no longer isolated events—they are reshaping how people live, work, and thrive. Beyond

Governments and development institutions spend billions to help small businesses access financing, hoping this will create jobs and support

When wealth or income suddenly increases (‘easy money’), this may be directed towards unproductive ‘easy spending’. This column explores

History suggests that using lax monetary policy and a weaker currency to address debt sustainability is a dangerous game.

The current US administration’s willingness to weaponise trade makes clear that transatlantic economic relations have become entirely transactional. This

The recent performance of the largest US tech companies has raised concerns about the risk of a stock market

The euro area faces persistently weak productivity growth alongside a sustained trade surplus and a trendless real exchange rate.

If economic activity is considered the primary driver of climate change through emissions of carbon dioxide, then supporting economic

Worldwide, air pollution is an “equal opportunity offender” impacting high-, middle-, and low-income countries. While low- and lower-middle-income countries bear

Fragility is no longer the exception. It is the new development realityFragility, conflict, and violence (FCV) are not abstract

Droughts, floods, storms, and heatwaves are no longer isolated events—they are reshaping how people live, work, and thrive. Beyond

Governments and development institutions spend billions to help small businesses access financing, hoping this will create jobs and support




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