Nearly a century ago, Joseph Schumpeter wrote, “The spirit of a people, its cultural level, its social structure…all this and more is written in its...
Now that surging inflation has refocused everyone’s attention on the long-ignored supply side of the economy, the question is how best to support broad-based growth,...
Should the rich pay more taxes than the poor? Economists and public finance practitioners have traditionally focused on economic efficiency when answering questions like that,...
Most of the activity in the rapidly growing world of sustainable finance has been previously concentrated in advanced economies, but emerging markets, while still a small share...
The financial services industry has long been a prime target for cyber criminals chasing big payoffs. However, the work the sector has put into standards...
The US Federal Reserve’s series of suboptimal decisions in the last 12 months regarding inflation means that its next policy decision also is likely to...
The economic recovery continues, though the pace of the recovery has slowed. Notably, our global forecast was lowered in January to a still-healthy 4.4 percent...
The last time the European Central Bank raised interest rates, in 2011, then president Jean-Claude Trichet cited “sharp increases in energy and food prices”. The...