Banking on nonbanks
Nonbank financial institutions play a central role in global credit markets, raising concerns about regulatory arbitrage, financial stability, and the effectiveness of macroprudential policy. While
Speaking of debt: Framing, guilt, and economic choices
In many Germanic languages, the word for ‘debt’ also means ‘guilt’. This column explores whether the linguistic overlap leads to greater debt aversion in Germany,
Integrating pollution registers for corporate climate-risk assessment
Corporate climate risk disclosures are costly and often a mere box-ticking exercise. In November 2024, the Omnibus Environmental, Social and Governance Regulation was announced in
A smarter way to grow rice
“Have you had your rice today?” In Viet Nam, this everyday greeting reflects just how central rice is to life—so essential that the day doesn’t
