Then and now: A look back and ahead at the US federal budget
There is now widespread concern that the US faces an unsustainable fiscal future under current policies. The rise in the debt-to-GDP ratio since 2001 can
Spending smarter: A powerful growth strategy
With high public debt and weak medium-term growth, finance ministries seek to do more with less. This column argues that efficiency gaps in public spending
Empowering youth with opportunities and jobs to end poverty
At the beginning of my advocacy journey, I often searched for affordable ways to present myself at events. A friend of mine had launched a
IMF sounds alarm about high global public debt, urges countries to build buffers
The IMF this week edged up its 2025 global growth forecast given a more benign impact from tariffs. Global public debt is projected to rise
COVID-19’s economic impact on low-income countries: preparing for the next shock
COVID-19 hit low-income exporters hard, exposing risks from weak diversification and straining trade, supply systems and financial stability. The COVID-19 pandemic sent shockwaves through global
Strategic autonomy for Europe requires economic growth
The current US administration’s willingness to weaponise trade makes clear that transatlantic economic relations have become entirely transactional. This column, taken from a CEPR book
The Chinese economy: stimulus without rebalancing
China’s growth model has continued to rely on expanding industrial capacity and exporting to the world, rather than on domestic consumption. This has lead to
The Federal Reserve, the new administration, and the outlook for the economy and monetary policy
The new US administration has made the Federal Reserve’s monetary policymaking more complicated both because of the elevated uncertainty regarding administration policies and because of
Why the oil market is tight despite big OPEC+ output hikes
OPEC+ oil producers have used high summer demand to launch their first output increases in three years, but those targets have proved difficult to hit,
Unintended consequences of lockdowns: Evidence on violence against women
Violence against women intensified under COVID-19 lockdowns. The most rigorous literature evaluating the impact of stay-at-home measures, job loss, and social isolation on various forms
