Spending more efficiently and reallocating public funds toward investment and innovation can be a powerful growth strategy
Policymakers should enhance market surveillance through systemic risk monitoring including stress testing and scenario analysis
Stronger fiscal and monetary policy frameworks and more developed local currency debt markets have supported emerging market resilience
Exchange-rate effects drove nearly all the decline in the US currency’s share of foreign exchange reserves
Amid trade tensions and high policy uncertainty, the path forward will be determined by how challenges are confronted and opportunities embraced
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Stronger regional economic ties can help build resilience during a time of growing policy uncertainty
When destination countries tighten migration and refugee policies, it has economic ripple effects elsewhere
Combining overhauls in areas including business and external regulation, governance, and human development can boost output levels by 3 percent over four years.
Risks have risen as financial conditions tightened, with key vulnerabilities ahead
The magazine publishes insights on international finance, economics, & development.
Heightened tensions can hurt stock markets, raise government borrowing costs, and pose risks to financial stability
Increased investor risk-taking could fuel vulnerabilities
Unknowns raise risk of financial market volatility and a sharp decline in economic growth
Amid heightened uncertainty, policymakers will need to deal with complex trade-offs between debt, slower growth, and new spending pressures
Prudent anchors, corrective mechanisms, and supportive institutions can help countries comply with their fiscal rules and commit to sound public finances
Public approval is crucial for carrying out difficult reforms that can help countries lower debt and increase growth
The increase in debt in the last decade points to the need for lowering deficits, rebuilding space to deal with shocks, and strengthening fiscal rules
Large fiscal deficits and elevated debt levels call for greater fiscal prudence, but political forces are pulling in the opposite way
The power-hungry technology requires policies to help expand electricity supplies, incentivize alternative sources, and help contain price surges
Read the latest insights into country and regional economic issues.
New generative AI tools can redefine the relationship between governments and citizens, but strong leadership and safeguards are fundamental.
AI may widen inequality, but policymakers can counteract this with more effective social safety nets, reskilling programs, and regulations to promote ethical use of the technology
AI-driven trading could lead to faster and more efficient markets, but also higher trading volumes and greater volatility in times of stress
