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
Unintended consequences of lockdowns: Evidence on violence against women

Violence against women intensified under COVID-19 lockdowns. The most rigorous literature evaluating the impact of stay-at-home measures, job loss, and social isolation on various forms
The (projected) cost of Russian aggression

The 2022 Russian invasion of Ukraine marked an end to stability in Europe. This column analyses the economic effects for Ukraine, Russia, as well as
World Hepatitis Day: What the data reveal about global gaps in immunization

An estimated 254 million people (approximately 3 in 100) lived with chronic hepatitis B in 2022, a virus which causes inflammation of the liver and
Building debt transparency and resilience across East Asia and the Pacific

As the world continues to emerge from the COVID-19 pandemic and its aftermath, countries face new and unexpected challenges. Elevated debt levels, persistent inflation, and
State aid in times of crisis: Lessons from COVID-19 support for firms in Italy and Spain

The unprecedented wave of state aid to firms across the EU during the COVID-19 pandemic raised questions about who benefited and how effective these interventions
How French firms navigated the inflation surge: Lessons for expectations and decision making

As inflation surged globally, economists and policymakers focused their attention on the expectations of households and financial markets – but relatively little was known about
US drops COVID vaccine recommendation for healthy kids, pregnant women

The U.S. has stopped recommending routine COVID-19 vaccinations for pregnant women and healthy children, Health Secretary Robert F. Kennedy Jr announced in a social media
Chinese banks and their EMDE borrowers

Although Chinese banks have remained the top lenders to emerging markets and developing economies (EMDEs), their growth has slowed and their lending patterns have changed
Overcoming constraints: How banks helped US firms reroute their supply chains

Rising trade tensions and the pandemic have forced importers to reconfigure their supply chains – a complex and costly process. This column highlights the underappreciated

