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Economy Featured News World

How real-time data misled policymakers during the post-COVID recovery

Preliminary data releases can diverge significantly from subsequently revised figures, complicating economic policy decisions made in real time. This column shows how real-time GDP releases understated the strength of the post-pandemic recovery in both the euro area and the United States. This distorted view painted a more pessimistic picture than subsequently revised data revealed, masking […]

Economy Banking Featured Finance

Turkey sees inflation at 28.5% in 2025 with single digits by 2027, programme says

GDP growth seen at 3.3% in 2025.  Turkey’s medium-term economic programme forecasts inflation to hit 28.5% in 2025 and 16% in 2026, before reaching single digits from 2027, according to a text of the economic roadmap published in the Official Gazette on Sunday. The programme, which sets the government’s economic roadmap for the next three […]

Featured Business Development Economy World

Reimagining development in fragile and conflict-affected settings

Fragility is no longer the exception. It is the new development realityFragility, conflict, and violence (FCV) are not abstract to us. They are lived realities. Today, nearly half of the world’s extremely poor live in FCV settings, and that number is rising. We have felt the impact of fragility firsthand. We have seen how it […]

tax Banking Business Economy Featured

India PM Modi faces opposition fury after Trump’s 25% tariff threat

Trump said the tariff on imports from India would start from Friday, in addition to an unspecified penalty for Russian dealings and involvement in the BRICS grouping of nations.  Indian opposition parties criticised the government on Thursday, describing U.S. President Donald Trump’s threat of a 25% tariff as a diplomatic failure for New Delhi, while […]

Economy Featured Finance Politics World

Uncertain times in Lebanon: How policy shocks ripple through MENA markets

Despite its small size, Lebanon’s chronic crises send financial shockwaves across the Middle East and North Africa. This column uses a Twitter-based index of economic policy uncertainty to track Lebanon’s instability and shows that it transmits financial shocks to seven MENA economies, with spillovers are strongest for Egypt, Jordan, and smaller Gulf states. Real-time policy […]

World Business Featured Finance

Japan to raise foreign direct investment target to $1trln by mid-2030s, sources say

The new targets, to be formally included in the government’s upcoming fiscal and economic policy guidelines in June, represent a sharp escalation from the previous goal of 100 trillion yen by 2030 Japan is set to raise its 2030 foreign direct investment target by 20% and push the figure as high as 150 trillion yen […]

trade Featured News World

How to manage the economic trade-offs of public procurement policies in developing economies

Government procurement—the process in which public entities buy goods and services from private companies—represents between 5% and 20% of a country’s GDP, depending on the country. Public procurement policies allow governments to strategically support certain firms and sectors, for example, small businesses or eco-friendly products. In using public procurement systems, policymakers must navigate a trade-off: […]