Navigating the 2022 inflation surge: Lessons for monetary policy frameworks
The 2022 global inflation surge tested inflation-targeting frameworks under severe supply shocks. This column shows that, despite earlier and sharper tightening, inflation targeting central banks
Climate change mitigation pathway: The 24-hour economy
It is increasingly perceived as an integrated sustainability solution for transforming how global cities function. As the sun soars and global cities set record temperatures,
A Global Force for Good: Gulf Cooperation Council’s leadership in development finance
The global community stands at a crossroads. Facing climate change, conflict, and economic instability, the world needs effective development cooperation more than ever. In this
Coffee beans meet green rules: Reconciling climate and development goals
The average resident of the European Union spends €150 annually on coffee, a small price for what many consider one of life’s necessities. This morning
Sustained growth through creative destruction: Nobel laureates Philippe Aghion and Peter Howitt
Philippe Aghion and Peter Howitt have been jointly awarded the 2025 Nobel Prize in Economic Sciences with Joel Mokyr ‘for having explained innovation-driven economic growth’.
Convergence, not alignment: EU-China climate relations ahead of COP30
Trade and other tensions between the European Union and China should not be allowed to derail joint work to cut emissions. The COP30 United Nations
Integrating pollution registers for corporate climate-risk assessment
Corporate climate risk disclosures are costly and often a mere box-ticking exercise. In November 2024, the Omnibus Environmental, Social and Governance Regulation was announced in
Economic development, carbon emissions and climate policies
If economic activity is considered the primary driver of climate change through emissions of carbon dioxide, then supporting economic growth and fighting emissions would appear
No green growth without innovation
The ‘green growth’ debate is taking place in an oversimplified setting, largely disregarding the innovation factor. Technologies to mitigate climate change are being treated as
Adjusting productivity for carbon emissions: A new perspective on the growth slowdown
Productivity growth has been lacklustre over the past 20 years in most advanced economies. But standard productivity measures ignore the progress that some economies have
