Sovereign bonds, convenience yields, and the resurgence of supply shocks
Many sovereign bonds trade at a premium for being safe assets that retain their value even in deep recessions. This premium, or ‘convenience yield’, allows
Why going “all in” on active mobility is a sure bet for sustainable development
Every year on United Nations World Bicycle Day (June 3), we celebrate the transformative benefits of the bicycle. At the World Bank Group headquarters in Washington, DC,
India’s GDP grows 7.4% in Jan-March qtr, fastest in a year
That was above the 6.7% expansion in gross domestic product forecast in a Reuters poll for the March quarter India’s economy grew 7.4% in the
Global economy’s ‘sugar rush’ defies trade drama – for now
Investment banks and institutions generally expect the United States to avoid a recession this year and the global economy to keep growing For all the
EU almost on track to reach 2030 climate goal
The European Union is nearly on track to reach its main climate target for this decade, with countries’ existing CO2-cutting plans set to bring the
New eBook: Trump’s Great Trade Hack
President Trump’s 2025 tariffs mark the onset of the post-American leadership era. This column introduces The Great Trade Hack, a new CEPR Rapid Response book
Big techs’ AI empire
Advances in AI are transforming the economy. Behind this wave of visible innovation lies a less visible but significant trend: the role of large technology
What the financial sector needs to know about climate-related risks in the next five years: Navigating the new NGFS short-term scenarios for Europe
The immediate effects of climate-related risks are particularly relevant for the financial sector. Climate stress tests, which are often carried out over three to five-year
Lessons for the European Central Bank from the 2021-2023 inflationary episode
Since mid-2021, the euro-area economy has gone through several shocks, leading to the highest inflation since the creation of the European Monetary Union. A forceful
Empowering Africa’s future: How Higher Education Centers of Excellence are driving innovation
A thriving economy is built on talent. Across Africa, the job market faces a growing shortage of highly skilled professionals in critical fields such as
