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 the relationship between conspicuous consumption and
From battlefield to market: How disruptions in Ukraine affected grain price trends
Commodity price spikes at the outset of Russia’s full-scale invasion of Ukraine contributed significantly to global inflation in 2022-23, which caught many policymakers off guard
Oil firms as investors await next steps in Ukraine peace push
U.S. crude stocks fell by 2.42 million barrels, market sources said on Tuesday, citing American Petroleum Institute figures, ahead of official data at 1430 GMT.
The world needs radical debt transparency
Over the past two decades, many developing countries have made remarkable progress in reducing poverty, expanding access to education and health care, and investing in
