Transparency Makes Central Banks More Effective and Trusted
By Tobias Adrian, Ghiath Shabsigh, and Ashraf Khan
عربي, 中文, Español, 日本語, Русский
The role and mandates of central banks have become broader and […]
Impact of Conflict and Political Instability on Banking Crises in Developing Economies
By Montfort Mlachila and Rasmane Ouedraogo
While the economic effects of conflict and political instability have been analyzed extensively, much less attention has been paid to how banks […]
Corruption and COVID-19
By Vitor Gaspar, Martin Mühleisen, and Rhoda Weeks-Brown
عربي, 中文, Español, Français, 日本語, Português, Русский
Corruption, the abuse of public office […]
Chart of the WeekUnemployment in Today’s Recession Compared to the Global Financial Crisis
There has been much discussion in recent months about how workers who transitioned to working from home—and those who were deemed “essential”—are less affected by the layoffs and job […]
Dominant Currencies and the Limits of Exchange Rate Flexibility
By Gustavo Adler, Gita Gopinath and Carolina Osorio Buitron
Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized […]
Why Sustainable Food Systems are Needed in a post-COVID World
By Nicoletta Batini, James Lomax, and Divya Mehra
Food systems are essential to economic activity because they provide the energy that we need to live and work. […]
Toward an Integrated Policy Framework for Open Economies
By Tobias Adrian and Gita Gopinath
While capital mobility provides many benefits, capital flows to emerging market and developing economies are often volatile and depend critically on global financial conditions. […]
