Stock market participation remains low, especially among the older, less affluent, and less educated households, despite its clear benefits for wealth preservation and growth. Although digitisation has reduced some barriers, many households remain disengaged. Using data from a Chinese investment platform, this column shows that digital nudges and financial education via the platform increase stock […]
Education is part of the enabling infrastructure required for jobs, social development, and future economic growth. Unfortunately, low- and middle-income countries face an urgent skills crisis with nearly 70% of children unable to read a simple text by age 10. In response, governments, households, and donors spend more than $5.8 trillion annually on financing education […]
With working-age populations projected to decline rapidly, all European countries face an unprecedented demographic challenge. Inflows of regular foreign workers are thus key to support employment and growth. This column argues that Italy, where the demographic decline is particularly sharp, has a lot to learn from its neighbours to make its migration policies more effective […]
As disasters grow more frequent and severe, the need for fast, reliable information in the immediate aftermath has never been greater. Governments, development partners and humanitarian agencies need to quickly understand the scale and nature of the impact so they can take informed action, mobilize resources and support recovery. Yet, traditional damage assessments can take […]
Droughts, floods, storms, and heatwaves are no longer isolated events—they are reshaping how people live, work, and thrive. Beyond damaged roads or lost harvests, disasters leave scars on health, education, and livelihoods that can last for years. Until now, bringing together climate and human capital data to measure these impacts has been complex and fragmented. […]
Most children in low-and middle-income countries lack foundational skills. An estimated 70% of 10-year-olds are unable to read and understand a simple story, despite increased access to school. Tackling this learning crisis requires more than pilot programs – it demands systemic solutions that can be delivered at scale. Education systems struggle to deliver big results despite […]
In 2021, China’s electronics exports exceeded those of the other five leading exporters combined. This column analyses the rise of China as a centre for electronics manufacturing. It argues that the key drivers of growth were intense competition, education that facilitated technology transfer, and infrastructure development. However, China’s nonlinear innovation model also leaves it dependent […]
The most economically prosperous and gender-equal societies often display stronger gender segregation in educational choices – a pattern known as the ‘gender equality paradox’. This column explores this paradox using data on half a million children in 37 Western countries and 10,000 British families over two decades. The findings suggest that gender segregation in education […]
Economic research often treats tools such as tariffs, subsides, interest rates, monetary policy, and austerity measures as gender neutral. This column argues that when sex-disaggregated data and gender analysis are missing from models and policy decisions, the result is incomplete economic analysis and inequitable outcomes. What’s missing from economics isn’t just women’s voices, but women’s […]
The global development landscape is undergoing seismic shifts. Foreign aid, a critical lifeline for billions, is shrinking, after becoming fragmented at an alarming rate over the last two decades. At the same time, more than half of low-income countries are deep into or teetering on the brink of debt distress, with median public debt soaring from 20 […]
