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Education Development Economy Featured

Transforming schools for better learning outcomes

Education is the pathway to jobs and the surest way out of poverty, empowering generations to drive economic growth. Yet, for many students, this promise is undermined by outdated teaching approaches and inadequate learning environments. Girls miss school when they are menstruating due to deficient restrooms or water and sanitation facilities. Heat and poor ventilation […]

Finance Banking Business Featured News

Inflation targeting: Its current state and key challenges

Inflation targeting has emerged as the dominant monetary policy framework in advanced and emerging market economies. This column discusses three main challenges faced by inflation-targeting central banks: the recent high-inflation episode and increasingly frequent supply-side disruptions; expanding central bank balance sheets since the Global Crisis; and risks to central bank independence. The authors argue that […]