Finance & Development

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Globalization | Online Exclusive
In Defense of Globalization

History suggests the path to taming inflation is through more international trade—not less

HAROLD JAMES

ENERGY CRISIS
From abundance to thirst

Energy prices | December 2022

From Abundance to Thirst

The world has gone from plentiful cheap energy to scarcity, amid low investment and war

ANDREA PESCATORI

MARTIN STUERMER

Bumps in the Energy transition - Yergin

Energy transition | December 2022

Bumps in the Energy Transition

Despite a growing global consensus, obstacles to reducing net carbon emissions to zero are stark

DANIEL YERGIN

Nuclear Resurgence

Climate change | December 2022

Nuclear Resurgence

The energy security case for nuclear power is building

TED NORDHAUS

JUZEL LLOYD

Finance and development

Issues Archive

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UPDATES | FREE PRINT
ENERGY TRANSITION
Helping Europe household
Energy prices | December 2022
Helping Europe's Households

Governments risk worsening the energy crisis by seeking to suppress price rises—there are better options

OYA CELASUN

DORA IAKOVA

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Indonesia
Energy transition | December 2022
Indonesia’s Solar Future

The archipelago must overcome many challenges to wean itself off fossil fuels

Harry Jacques

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Back to Basics
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PEOPLE IN ECONOMICS
Questioning assumptions - Emi Nakamura

Economic theory | December 2022

Emi Nakamura: Questioning Assumptions

Peter J. Walker profiles Berkeley’s Emi Nakamura, who delves into details to answer big questions

PETER J. WALKER

Fiscal policy | September 2022

Stefanie Stantcheva: Getting Into People's Heads

Marjorie Henriquez profiles Harvard’s Stefanie Stantcheva, who uses surveys and experiments to uncover the invisible in traditional economic data

Marjorie Henríquez

Melissa Dell

Economic theory and methods | June 2022

Melissa Dell: Going the Distance

Chris Wellisz profiles Harvard’s Melissa Dell, who pioneers new ways of unmasking legacies of the past

CHRIS WELLISZ

Prakash Loungani profiles Chicago’s Marianne Bertrand, an advocate for inclusive growth

Fiscal policy | March 2022

Marianne Bertrand: Inequity Detective

Prakash Loungani profiles Chicago’s Marianne Bertrand, an advocate for inclusive growth

PRAKASH LOUNGANI

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PICTURE THIS
Energy Transition

Energy transition | December 2022

Energy Transitions

We need much more than just solar and wind to achieve a clean energy transition

ANDREW STANLEY

The Ascent of CBDC

Virtual currencies | September 2022

The Ascent of CBDCs

More than half of the world’s central banks are exploring or developing digital currencies

ANDREW STANLEY

Commodities | June 2022

War Fuels Food Crisis

Three compounding crises—conflict, COVID, and climate change—are giving rise to another: hunger

ANDREW STANLEY

Income inequality | March 2022

Global Inequalities

The big picture on wealth, income, ecological, and gender inequality looks bad

ANDREW STANLEY

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POINT OF VIEW
Putting Oil Profits to Global Benefit

Climate change | Online Exclusive

Putting Oil Profits to Global Benefit

Norway should set an example for the world by pumping oil and gas revenues into helping other countries meet climate change goals

ARNE JON ISACHSEN

THORVALDUR GYLFASON

Climate change | Online Exclusive

The Price of Energy Insecurity

Speeding up the shift to renewables can blunt the costs

BOB KEEFE

The Superficial Allure of Crypto

Virtual currencies | September 2022

The Superficial Allure of Crypto

Cryptocurrencies can’t deliver their claimed benefits, and instead pose grave risks

HILARY J. ALLEN

‘DeFi’ and ‘TradFi’ Must Work Together

Digital currencies | September 2022

‘DeFi’ and ‘TradFi’ Must Work Together

Decentralized and traditional finance can thrive in tandem to fund renewable energy and other pressing needs, but only with clear standards and rules

MICHAEL CASEY

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CAFÉ Economics
Debt

Financial sector risk | December 2022

Reading the Tea Leaves on Household Debt

Amir Sufi talks about the state of household debt and why he doesn’t foresee a severe global recession

PAULO MEDAS

Samantha Gross discusses how the current crisis creates an impetus to tackle climate change while achieving energy security

Energy sector | Online Exclusive

In Search of Energy Security

Samantha Gross discusses how the current crisis creates an impetus to tackle climate change while achieving energy security

Marjorie Henríquez

FAO’s Maximo Torero Cullen discusses how global food supply difficulties could tip into a full-blown catastrophe

Commodities | September 2022

A Looming Food Crisis

FAO’s Maximo Torero Cullen discusses how global food supply difficulties could tip into a full-blown catastrophe

BRUCE EDWARDS

IMF

Migration | June 2022

Refugees as Assets to Their New Countries

Giovanni Peri says that Ukrainian migrants can potentially be assets, not burdens, to their new home bases

BRUCE EDWARDS

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Podcasts

Climate change

David Cutler on Cities After the Pandemic

David Cutler says cities now need to put more emphasis on public health to keep economies healthy.

Energy transition

Ted Nordhaus on the Nuclear Resurgence

Energy transition

Daniel Yergin on Energy's New Map

Listen to Daniel Yergin on Energy's New Map

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In the Trenches
Pipeline diplomacy

Commodities | December 2022

Pipeline Diplomacy

Piotr Naimski explains Poland’s decision to pursue energy independence

CHRIS WELLISZ

Courtesy of Togo’s Ministry of Digital Economy and Transformation

Digitalization | March 2022

Technology-Driven Development

Togo’s Cina Lawson views digitalization as key to her country’s growth and development

ADAM BEHSUDI

Trenches-Containing-COVID-Land-Thunder-Dragon-Hero

COVID-19 | December 2021

Containing COVID-19 in the Land of the Thunder Dragon

Bhutan leverages Gross National Happiness—and vaccines— in response to the pandemic

MELINDA WEIR

Climate change | September 2021

No Higher Ground

For Maldives Environment Minister Aminath Shauna, fighting climate change is an existential battle

ADAM BEHSUDI

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Currency Notes
Love cricket

Currencies | December 2022

For the Love of Cricket

Barbados’ $5 banknote pays tribute to the man who united West Indian cricket

ANALISA R. BALA

Using older mobile phones to settle transactions offline

Digital currencies | September 2022

Taking Digital Currencies Offline

In many regions, internet-free access may be a make-or-break feature for central bank digital currencies.

John Kiff

Currency Notes Empowering Creators NFTs have opened up a potentially lucrative new world for artists in developing economies Analisa R. Bala

Technology | June 2022

Empowering Creators

NFTs have opened up a potentially lucrative new world for artists in developing economies

ANALISA R. BALA

The Art of Mexico’s Banknotes

Currencies | March 2022

The Art of Mexico’s Banknotes

Mexico’s 100-peso banknote features migratory butterflies and an influential poet

MELINDA WEIR

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Book Reviews

Labor | December 2022

Financial Markets and the Common Good

IN THE 1970s, labor activists came to believe that if US unions mobilized the enormous latent financial leverage in the growing pension funds they had won for their members, they might transform American capitalism, using labor’s investing power to modify corporate behavior.

JOSEPH A. MCCARTIN

Gender | December 2022

Gender Discrimination in Economics

GENDER DISCRIMINATION and the associated biases and barriers to career advancement are unwelcome realities for many working women, and the economics profession is no exception.

LISA KOLOVICH

Financial institutions | September 2022

Governance, Assistance, and Interference

THE GUARDIANS OF THE GLOBAL ECONOMY may be established fixtures today, but their roots in Allied supply management during World War I were once controversial

Jeff Kearns

Income inequality | September 2022

Making Progress

THE LONG MARCH of progress is marked by revolutions, struggles, economic crises, liberations, injustices, and regressions—the “turning points where social conflicts are crystalized and power relationships are redefined

ERA DABLA-NORRIS

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Analytical Series

Globalization | Online Exclusive

In Defense of Globalization

History suggests the path to taming inflation is through more international trade—not less

HAROLD JAMES

Ostry, chips

Inflation | Online Exclusive

The Costs of Misreading Inflation

The 2021 surge in global shipping costs was a canary in the coal mine for the persistent rise in inflation

JONATHAN D. OSTRY

Aging | Online Exclusive

Aging Is the Real Population Bomb

Population aging is the top global demographic trend; the pandemic can teach us how to prepare for it

DAVID E. BLOOM

LEO M. ZUCKER

Gender Inequality

Gender | September 2022

The New Economics of Fertility

People and economies will prosper if policymakers help women combine career and family

MATTHIAS DOEPKE

ANNE HANNUSCH

FABIAN KINDERMANN

MICHÈLE TERTILT

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