The East Asia and Pacific (EAP) region has achieved one of the most remarkable economic transformations in history. In
Development cooperation is acquiring a dangerous new mathematics. In 2025, official development assistance from European Union donor countries fell
Europe is moving towards invoice-level electronic VAT reporting. This column argues that, with AI-assisted processing of the information contained
Foreign investors’ growing holdings of dollar-denominated bonds have created a large demand to hedge dollar risk. Using outstanding FX
The Turkish central bank cut interest rates over 2021-2023, on the politically driven view that higher rates cause inflation.
Firms in low- and middle-income countries persistently pay more to borrow than firms in high-income economies. Drawing on a
Inflation in the US has receded from its 2022 peak. This column uses payroll records from 2016 to 2025
The US Inflation Reduction Act’s Energy Communities provisions aimed to increase clean-energy investment in areas vulnerable to the energy
Data show that trade sanctions reduce commerce between the countries imposing them and their targets. But this bilateral success
Many countries have adopted different price regulations to contain pharmaceutical prices, even in markets exposed to generic competition. This
The East Asia and Pacific (EAP) region has achieved one of the most remarkable economic transformations in history. In
Development cooperation is acquiring a dangerous new mathematics. In 2025, official development assistance from European Union donor countries fell
Europe is moving towards invoice-level electronic VAT reporting. This column argues that, with AI-assisted processing of the information contained
Foreign investors’ growing holdings of dollar-denominated bonds have created a large demand to hedge dollar risk. Using outstanding FX
The Turkish central bank cut interest rates over 2021-2023, on the politically driven view that higher rates cause inflation.
Firms in low- and middle-income countries persistently pay more to borrow than firms in high-income economies. Drawing on a
Inflation in the US has receded from its 2022 peak. This column uses payroll records from 2016 to 2025
The US Inflation Reduction Act’s Energy Communities provisions aimed to increase clean-energy investment in areas vulnerable to the energy
Data show that trade sanctions reduce commerce between the countries imposing them and their targets. But this bilateral success
Many countries have adopted different price regulations to contain pharmaceutical prices, even in markets exposed to generic competition. This
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