To Safeguard Global Financial Stability, Boost the Resilience of Investment Funds
By Tobias Adrian, Antonio Garcia Pascual, Ranjit Singh, and Jay Surti
Investment funds were hit hard by the pandemic; their response amplified its adverse impact on financial markets […]
How to Tax in Asia’s Digital Age
By Era Dabla-Norris, Ruud De Mooij, Andrew Hodge, and Dinar Prihardini
New global reforms will change where tech giants pay taxes in Asia and […]
The Climate Issue
By Gita Bhatt
In Ernest Hemingway’s novel The Sun Also Rises, a character is asked how he went bankrupt. “Two ways,” he answers. “Gradually, then suddenly.”
It’s the same with climate change. The damage is becoming less […]
Pacific Island Airlines: Flying on Empty?
By Vybhavi Balasundharam and Leni Hunter
With virtually no international travel since March 2020, national airlines in the Pacific face mounting financial difficulties. […]
From the History Books: The Rethinking of the International Monetary System
Fifty years ago, the world changed. On August 15, 1971, US President Richard Nixon slammed shut the “gold window,” suspending dollar convertibility. Although it was not Nixon’s intention, […]
CHART OF THE WEEKPutting Public Investment to Work
For countries on the path to recovery, reviving economic activity is a major priority. And what better way to support a come-back than by creating jobs. […]