Investor memory and biased beliefs: Evidence from the field
Financial markets are volatile, and research attributes this to highly variable and often irrational investor beliefs. This column uses a large-scale survey of Chinese retail
European stocks fall, dollar steady, traders wait for Jackson Hole
Euro zone business activity expanded in August, PMIs show. European stock markets fell slightly in early trading on Thursday, hovering just below recent highs, as
How to update the EU Merger Guidelines
There is a growing push from certain quarters for the European Commission to weaken merger control in order to spur greater investment and innovation, higher
No green growth without innovation
The ‘green growth’ debate is taking place in an oversimplified setting, largely disregarding the innovation factor. Technologies to mitigate climate change are being treated as
Why some countries win in world trade: Unpacking export competitiveness
Global export competitiveness is rapidly evolving. This column presents a novel granular decomposition of export market share changes into demand and supply effects. Applied to
Private capital for infrastructure: Resilience amid uncertainty, urgency amid gaps
As the global economy continues to adapt to macroeconomic shifts, infrastructure investment remains a critical driver of job creation, long-term development opportunities and resilience. While recent
Oil steadies ahead of US-Russia talks
Oil prices steadied on Monday, after falling more than 4% last week, as investors looked towards talks this week between the U.S. and Russia over
Wheat near five-year trough, corn at contract lows as supply weighs
The most-active wheat contract on the Chicago Board of Trade was down 0.2% at $5.15-1/2 a bushel. Chicago wheat futures eased on Tuesday to approach
From farm to fork: boosting food security by fixing border bottlenecks
Imagine a truckload of fresh mangoes grown by smallholder farmers in Sri Lanka. The fruit is ripe, fragrant, and ready for export. But instead of
World oil market may be tighter than it looks, IEA says
The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency said
