Sterling drops as inflation cements BoE cut expectations, dollar up before US inflation
British consumer price inflation fell to 3.2% in November, its lowest since March, from 3.6% in October, official figures showed. Sterling fell on Wednesday after
EU securitisation needs a more market-based approach
The EU is updating its regulations on securitisation, but it still has a long way to go if it wants to emulate the strengths of
How financial authorities best respond to AI challenges
Artificial intelligence is transforming finance faster than the authorities can adapt. This column argues that while AI enhances the financial system’s efficiency, it also poses
How IFC is mobilizing capital for sustainable urban growth
Urbanization offers tremendous opportunities for job creation and economic growth, which can only be realized if cities invest in the infrastructure needed to support their
From policy to results: How legal solutions drive development impact
Strong legal systems are essential to the goals of the world’s development agenda. They enable governments and institutions to design and implement the policies, laws, and
What money will become: Seven key questions
The digital age has ushered in an era of transformation for money, triggering debates about the role of cryptocurrencies, central bank digital currencies, stablecoins, and
IMF chief says global economy doing ‘better than feared,’ risks remain
IMF Managing Director Kristalina Georgieva said the U.S. economy had dodged a recession feared by many experts just six months ago. The world economy has
Mission possible: When innovation meets outcomes
Peter Drucker, often called the father of modern management, once wrote that “innovation is the specific instrument of entrepreneurship…the act that endows resources with a
Education is a key to jobs, growth, and lifelong learning
Education is a foundation for good jobs and the surest way out of poverty. We know a good education equips learners with important foundational skills—literacy, numeracy,
Measuring what matters for business: The new B-READY data in the World Development Indicators
What makes a country a great place to start and grow a business? Among low-income economies across the world, only 29% have a single centralized
