Reforming the education of economists in Europe: Breaking the tyranny of the top five

Many European countries have adopted the American model of doctoral training and academic evaluation. While this model suits America’s vast, mobile labour market, in Europe
Protect to prosper: How nature-based tourism drives jobs and growth

That selfie you took on an idyllic white sand beach, in a sprawling city park, or atop a mountain range at sunset? It’s more than
When the heat rises, progress on women’s economic empowerment cools

Hotter-than-usual years can slow or derail advances in women’s legal rights. A new analysis spanning five decades finds that temperature anomalies—years significantly hotter than a country’s historical
Grants to women-owned businesses: when what’s for her does not stay with her

What explains why grants to women-owned microenterprises often fail to yield improvements in business outcomes, especially as compared to grants to men’s microenterprises? This is
Measuring what matters for business: The new B-READY data in the World Development Indicators

What makes a country a great place to start and grow a business? Among low-income economies across the world, only 29% have a single centralized
Explaining firm-level reactions to macro shocks

Understanding differences in firm responses to macroeconomic shocks is key for designing policy actions. This column identifies 67 macro shocks using ‘jump’ days in the
From crisis to action: Mobilizing tools for rapid response and lasting resilience

Over the past year, I’ve seen a growing interest in, and a stronger demand for, better tools to prepare for and respond to crises. Our
HSBC agrees to sell $7.8 billion of French mortgages to Rothesay

HSBC has agreed to sell 6.7 billion euros ($7.81 billion) worth of French home loans to British insurer Rothesay and consortium partner CCF Group, the
PayPal to launch cross-border platform with link to India’s UPI payments system

Payments firm PayPal has partnered with the operator of India’s popular unified payments interface and others to launch a global platform through which consumers can
From coal dust to green jobs: The employment imperative in the low-carbon transition

The last coal mine in Wałbrzych, Poland closed in the 1990s, leaving a region that had long relied on mining facing severe economic disruption. Unemployment

