Imagine getting to work on a program that will bring internet access and digitally enabled services to 180 million people. Opportunities like these illustrate the meaningful role institutions like the World Bank, and teams across the institution like ours, can play in addressing urgent development challenges that can drastically improve people’s lives. In Eastern and […]
Floods are the costliest type of natural disaster in Europe, but little is known about whether adaptation investments such as flood defences can shield the economy. This column studies how floods affect output and prices at the sectoral level in England and the effect of adaptation investments. Floods affect sectors differently, acting as both supply […]
21 Apr 2025 Safe assets are the building blocks of modern financial markets. This column examines the sectoral dynamics of safe assets across advanced economies since the 1980s. It shows that foreign demand for these assets has steadily increased, with the financial sector playing a key role in meeting it. However, because financial institutions often […]
