Soviet communism was not more successful at reducing inequality than other regimes
Inequality is a major concern for many economies, prompting the question of whether some regimes are more effective at reducing inequality than others. This column
Sparking the investment miracle developing economies need to create jobs
Developing economies today face an investment shortfall of historic proportions. Meeting even the most modest development goals will require a huge investment push—equal to about 5 percent
The return of inflation: Why ‘look through’ can backfire under incomplete information
Central banks facing post-pandemic inflation often considered ‘looking through’ supply shocks. Using a New Keynesian framework in which agents gradually learn whether a cost-push shock
Africa’s industrial champions – Why it takes a village to build a continent’s future
Africa is bracing for a consumer and manufacturing boom. It won’t come with the snap of a finger. The continent must first navigate a gauntlet
Belt, Road Summit concludes with nine deals, $1bln deals
Organizers highlighted that Hong Kongآ’s external trade with Belt and Road countries reached $276bln in 2024. The 10th Belt and Road Summit in Hong Kong
Unpacking US tech valuations: An agnostic assessment
The recent performance of the largest US tech companies has raised concerns about the risk of a stock market bubble. Using a three-stage pricing model
How institutions interact with exchange rates after the 2024 US presidential election
Within minutes of the result of the 2024 US presidential election becoming clear, it triggered a global tremor in currency markets. This column investigates how
Turning knowledge into action: Scaling solutions for disaster risk
Knowledge, especially practical, hands-on know-how, is essential for countries to tackle development challenges and to build resilience to disasters and shocks. One of the most
Navigating debt and trade: Data show persistent debt challenges for developing countries amid uncertain trade prospects
Low- and middle- income countries (LMICs) have rebounded strongly since the COVID-19 pandemic. Gross national income (GNI) among these countries was resilient in 2023, at
Laws, Data, and Empowerment: Insights from UNDP’s Women’s Empowerment Index and World Bank’s Women Business and Law Index
When it comes to improving economic outcomes for women and women’s empowerment, effective action requires reliable data. Yet, data capturing the full scope of women’s
