World’s central banks are wary of AI and struggling to quit the dollar, survey shows
The primary concern is that AI-driven behaviour could “accelerate future crises,” the survey showed. Artificial Intelligence is not a core part of operations at most
Is AI making us smarter or just making us look smart?
Here’s an uncomfortable truth: Students can ace every assignment in class and learn virtually nothing. Conversely, they can struggle through tasks and learn quite a
Exploring how AI can boost people-centered development
With AI’s potential to transform and improve lives globally, we should consider what really works to leverage AI for people. At the World Bank, we are
From the China Shock to the global relocation of production: Inequality consequences
Globalisation has raised living standards worldwide but has also fuelled concerns that international competition is eroding middle-class incomes and widening inequality within countries. The column
Reimagining data and statistical systems in the Digital Era: the Indian Experience
Digital transformation involves how organizations use technology, people, and processes to deliver value in an increasingly connected world by reimaging their business processes. For governments,
Public R&D and Brazil’s agricultural revolution
It is often argued that returns to R&D are low in developing countries, making imported technologies a better path to growth. Yet technologies designed for
Is AI adoption impacting job markets in South Asia?
The rapid development of artificial intelligence (AI) is transforming the global economy and reshaping labor markets. What does this mean for the South Asia region?
The impact of interest: How loan rates shape firm investment
Monetary policy moves aggregate investment, but the underlying drivers remain unclear. This column opens the black box with a German firm survey. A one percentage
Stock market participation and financial education in the digital age
Stock market participation remains low, especially among the older, less affluent, and less educated households, despite its clear benefits for wealth preservation and growth. Although
Matching skills across borders: Are global skill partnerships a win-win solution for sending and receiving countries?
The world is at a demographic inflection point, presenting both challenges and opportunities. On the one hand, lower and lower-middle-income countries, particularly sub-Saharan Africa and
