The aftermath of tariffs
The tariff spree during the first 100 days of the current US administration created bewildering economic policy chaos. The first 100 days also marked the
The Chinese economy: stimulus without rebalancing
China’s growth model has continued to rely on expanding industrial capacity and exporting to the world, rather than on domestic consumption. This has lead to
The supply side of monetary policy: How floating-rate loans blunt the ECB’s fight against inflation
Central banks raise interest rates to reduce aggregate demand and bring inflation down. This column uses credit register data and product-level price data from the
The making of a supply shock: Tariff propagation via domestic production networks
President Trump’s “Liberation Day” announcement triggered a discussion of whether import tariffs can reduce trade deficits or boost certain industries. This column develops a model,
Powering the energy future of Europe and Central Asia
The prosperity and economic transformation of Europe and Central Asia (ECA) hinge on making energy reliable and affordable for all. Across the region, many countries
How accurately can we estimate the hidden costs of what we eat?
The world is seriously off track to meet global nutrition targets. In fact, in some countries, statistics are moving in the wrong direction. Stunting remains
HSBC, Goldman Sachs see Brent oil hitting $80-110 if Strait of Hormuz blocked
Brent crude oil prices could hit $110 a barrel if the Strait of Hormuz is blocked, Goldman Sachs analysts have forecast, while HSBC analysts see
The World Bank’s new global poverty lines in 2021 prices
The World Bank has revised its estimates of global poverty to reflect new data on prices and national poverty lines from more than 160 countries
Trump’s tariffs: Disregarding lessons from history and scenarios and probable outcomes
History is full of evidence that tariffs harm economic performance. This column assesses the two waves of globalisation in modern history and how they were
A practical guide to running social media experiments
As social media platforms become ever more ubiquitous, policymakers are grappling with how to counter their effects on political attitudes and electoral outcomes, addiction and
