Eswar Prasad on Escaping the Doom Loop

While it is true that death and taxes are unavoidable, good tax policies can help delay the inevitable. So-called sin taxes on alcohol, tobacco, sugar, and other harmful products can raise revenues an...

22 Apr 19min

African economies began tapping into overseas markets for funding in the early 2000s, after debt burdens had been alleviated by the Highly Indebted Poor Countries (HIPC) Initiative. However, surging i...

12 Mar 17min

Unprecedented debt levels are pressing governments to make tough choices. While aging populations demand more public spending, resources are stretched thin, and the days of cheap borrowing that allowe...

2 Mar 25min

The most prosperous of civilizations were the most open. The Romans, for example, expanded their empire by integrating the populations they conquered, creating a melting pot of new ideas. Johan Norber...

5 Feb 21min

There is strength in numbers, and the idea of European integration through a single market was to capitalize on the EU as a whole. However, the single market is a product of the early 90s, and EU memb...

28 Jan 22min

While official statistics compiled by government agencies are still considered the most reliable, policymakers are increasingly using private data to get around their limitations. Claudia Sahm is a fo...

18 Des 202521min

Price stability is the main goal for central banks, and monetary policy is how they achieve it. However, societies are always in flux, and central bankers who pay close attention to emerging trends ar...

10 Des 202520min