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
Europe should innovate on defence, play it safe on debt
Strengthening existing safe assets should be a strategic priority for any new joint borrowing. Europe’s looming defence spending needs will put new demands on public
How fund design affects volatility – by shaping both trading and investor composition
Exchange-traded funds and open-ended mutual funds have grown rapidly, and they are increasingly expanding into illiquid asset classes such as corporate bonds. This column argues
What the financial sector needs to know about climate-related risks in the next five years: Navigating the new NGFS short-term scenarios for Europe
The immediate effects of climate-related risks are particularly relevant for the financial sector. Climate stress tests, which are often carried out over three to five-year
