Building Resilience in Europe and Central Asia: A Smart Investment for Growth and Jobs
The data is clear: Investments in adaptation and resilience deliver high economic returns but remain insufficient and poorly targeted. Evidence shows that targeted, early investments
Nvidia CEO joins Trump’s thorny trade mission to China
Trump embarks on the first visit by a U.S. president to China in nearly a decade eager to land some economic wins and prop up
The impact of emissions trading systems on manufacturing installation productivity: Evidence from Japan
Emissions trading systems have been widely studied globally, but less attention has been paid to their impacts on the productivity of the regulated facilities. This
Challenging inequalities: How we got stuck and where we go next
In many advanced economies, including the UK, progress towards a fairer society appears to have stalled. Deep structural forces – including weak earnings growth, rising
Ray of hope? The rise of solar energy in China
China’s solar industry is a poster child for the country’s economic rise over the last four decades. The output of Chinese solar grew by 76%
A wartime labour market: The case of Ukraine
The full-scale Russian invasion of Ukraine in 2022 has generated one of the largest labour supply and reallocation shocks in recent history. This column reveals,
Creating high-opportunity neighbourhoods: Evidence from the HOPE VI programme
Income segregation in the US has increased over the past four decades, restricting access to opportunity for many low-income families. This column reports on a
Why detours improve development outcomes
In Homer’s Odyssey, Odysseus does not reach home by following a flawless plan. His journey is defined by detours, storms, and course corrections. What matters is
US tariffs may deepen integration, elsewhere
While recent analysis has focused on direct impacts of US tariffs and potential retaliation, major US trading partners have intensified trade negotiations with each other,
The US dollar: Not a traditional safe haven
Safe-haven currencies are generally understood to appreciate when risk sentiment deteriorates, providing investors with insurance. This column demonstrates that the US dollar differs from that
