The lasting economic scars of war
Wars leave deep and lasting scars on economies. Using data for 115 conflicts across 145 countries over the past 75 years, this column documents large
Dollar strengthens as traders process trade talks and Fed
The euro dipped 0.2% to $1.1628, set to snap a five-day streak of gains, and the dollar also rose 0.4% against the Swiss franc to
Insuring labour income shocks: The role of the dynasty
Beyond government and market-based insurance, the family remains a key institution for coping with economic risk. This column uses detailed Norwegian data to study how
Africa’s domestic debt boom: New evidence from the African Debt Database
Africa’s total public debt has risen more than fourfold since the early 2000s, but just as important as the increase in debt volumes is the
How tariffs hurt the ones you love
US stock markets fell in response to the announcement of President Trump’s “Liberation Day” tariffs until the tariffs were paused a few days later. This
Reimagining data and statistical systems in the Digital Era: the Indian Experience
Digital transformation involves how organizations use technology, people, and processes to deliver value in an increasingly connected world by reimaging their business processes. For governments,
Reimaging public finance management: From spending control to delivering outcomes
For as long as governments have existed, so has public financial management (PFM). This approach has always been explicitly designed to ensure the efficiency and
The unbearable lightness of promises
When reforms are judged by their plans rather than their impact, they risk drifting into the lightness of promises unmet. An “outcome reflex” mindset restores gravity—anchoring
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,
Exclusive: Micron to exit server chips business in China after ban, sources say
Micron plans to stop supplying server chips to data centres in China after the business failed to recover from a 2023 government ban on its products
