The battle for trade currency dominance: The dollar vs the renminbi in Argentina
The US dollar has traditionally dominated the invoicing of international trade. But could other currencies one day replace it? This column examines a unique policy
Investment funds and euro disaster risk
Investment funds are important players in global financial markets. This column examines their behaviour and interaction with other investors during stress periods on European sovereign
Too much of a good thing: The role of the global US dollar
A confluence of negative forces – some the result of self-inflicted wounds and rising uncertainty about US policies and others relating to global developments and
The world needs radical debt transparency
Over the past two decades, many developing countries have made remarkable progress in reducing poverty, expanding access to education and health care, and investing in
How accurately can we estimate the hidden costs of what we eat?
The world is seriously off track to meet global nutrition targets. In fact, in some countries, statistics are moving in the wrong direction. Stunting remains
Geopolitical risk in the euro area
Geopolitical risk is a key concern for the euro area, yet most available measures reflect a US perspective. This column introduces a new indicator of
Global growth concerns to weigh on metal prices
The World Bank’s metals and minerals price index edged up by 3 percent in May, partially recovering from an 8 percent plunge in April that
Micro and macro cost-price dynamics in normal times and during inflation surges
Recent evolutions in US attitudes and policies have raised questions about the future of the dollar’s role in the global economy. This column explores a
The global impact of AI: Mind the gap
Artificial intelligence is widely seen as a transformative force for productivity and innovation. Yet, its macroeconomic implications remain uncertain, especially from a global perspective. This
Migration and regime change: Outflows follow democratic decline, inflows fuel illiberal drift
Recent years have seen a global shift towards illiberal forms of governance. Migration is often a central force in these dynamics. This column investigates the
