Africa’s path to claiming the 21st century runs through its cities
In their recent blog Can Africa Claim the 21st Century?, Andrew Dabalen and Chorching Goh rightly highlight Africa’s moment of opportunity: a convergence of global attention,
Italy’s UniCredit says it is withdrawing bid for Banco BPM
UniCredit on Tuesday said it was withdrawing its 14.6 billion euro ($17 billion) all-share bid for Banco BPM. Italy’s second-biggest bank said in a statement
Lessons for rebuilding Ukraine from economic recoveries after natural disasters
Although the source and duration of the destruction differ, wars and natural disasters disrupt economies in similar ways. This column examines the effects of natural
The macroeconomic effects of introducing a central bank digital currency
Central bank digital currencies are gaining traction as a potential innovation in central banking, with numerous countries considering their implementation. However, given the limited real-world
The Grexit debate ten years on: What we have learned
This week ten years ago, Greece was on the brink of exiting the euro. The integrity of the currency union was again in jeopardy after
The market implications of industrial subsidies
Governments are increasingly employing industrial subsidies, raising questions about their market implications. This column undertakes a thorough econometric testing of the causal impacts of subsidies
Powering the energy future of Europe and Central Asia
The prosperity and economic transformation of Europe and Central Asia (ECA) hinge on making energy reliable and affordable for all. Across the region, many countries
Keeping an eye on budgetary forecasts: The new Forecast Tracker of the Secretariat of the European Fiscal Board
Forecasts underpinning budgetary plans have a well-documented impact on fiscal performance especially when policymakers view the world through rosy lenses. Combined with inertia in the
Default to mum: How institutions quietly shape gender roles in parenting
Mothers continue to shoulder the majority of childcare responsibilities even in dual-earner households, contributing to gender gaps in earnings, labour force participation, and career advancement.
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
