Japan seeks power to order divestment of foreign acquisitions
The step was among a raft of proposals for revisions to the Foreign Exchange and Foreign Trade Act submitted on Wednesday by a finance ministry
Trade policy uncertainty and supply chain disruptions: Firm-level evidence from “Liberation Day”
The US announcement on 2 April 2025 of “Liberation Day” tariffs created an unexpected, precisely timed, and country-specific episode of trade policy uncertainty. This column
Refugee entrepreneurs as business multipliers: Evidence from Ukrainians in Poland
When Russia invaded Ukraine in 2022, over a million Ukrainian refugees fled to Poland. This column shows that far from displacing local businesses, these refugees
Digital economy set to hit $28trln next year: report
Together, these DCO digital economy tools enable governments, industry leaders, civil society, and international partners to focus on their digital strategies. The global digital economy
The real impact of FinTech: Evidence from mobile payment technology
FinTech has transformed finance, but the broader effects of digital payments on consumers, businesses, and banks remain underexplored. This column examines the impact of Singapore’s
Green versus conventional corporate debt: Financing choices and climate outcomes
Green debt has become a defining feature of sustainable finance, as firms and investors seek to align capital with climate goals. This column documents the
Energy transition achievable in emerging markets
Climate finance as a percentage of GDP will likely be the largest in South Africa, at 0.25 per cent, followed by India (0.13 per cent)
How financial authorities best respond to AI challenges
Artificial intelligence is transforming finance faster than the authorities can adapt. This column argues that while AI enhances the financial system’s efficiency, it also poses
Certification schemes may break the link between natural resources and violent conflict
Natural resources, including alluvial minerals such as diamonds, have been at the centre of brutal wars in Africa. This column evaluates one of the first
Spending smarter: A powerful growth strategy
With high public debt and weak medium-term growth, finance ministries seek to do more with less. This column argues that efficiency gaps in public spending
