Hidden exposures in domestic supply chains: The spread of foreign trade risks

Understanding how foreign shocks affect economies has become a policy priority. Using domestic firm-to-firm transaction data matched with customs records, this column shows that Italy’s
Aligning drug prices and innovation: How global spillovers shape the future of medicines

As the US and EU push forward with drug-pricing reforms, the topic has moved to the centre of political debate. This column shows how national
Reforming international taxation: Balancing profit shifting and investment responses

The global minimum tax represents the most ambitious international effort in decades to curb profit shifting to tax havens. But how much profit shifting actually
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
How can data from space shape the future of agriculture?

Have you ever wondered how satellites orbiting thousands of kilometers above Earth can help farmers on the ground grow more food? From mapping land use
The Promise and Policy Implications of the 30×30 Initiative for Global Biodiversity Conservation

Biodiversity is declining at unprecedented rates, undermining the foundations of human survival and prosperity. Healthy ecosystems provide food, clean water, and climate stability, yet a major
World Governments Summit highlights AI’s transformative role in government-led climate action

The report comes at a pivotal time, as countries grapple with rising global temperatures and increasingly complex environmental challenges. The World Governments Summit Organisation, in
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
European defence governance and financing

In a context of shifting US commitments, external threats, and global competition over trade, technology, critical minerals, talent, and intellectual property, Europe’s lack of defence
Oil market glut: surging output and sluggish demand pressure prices

This blog post is part of a special series based on the October 2025 Commodity Markets Outlook, a flagship report published by the World Bank. This series

