Market sentiment has deteriorated since earlier this year amid still elevated financial vulnerabilities and mounting concerns about risks to inflation.
When It Comes to Public Finances, Credibility Is Key
Raphael Espinoza, Vitor Gaspar, and Paolo Mauro
Ending the health crisis and addressing its immediate fallout remains the top priority, but governments would also benefit from committing to fiscal responsibility.
How Investment Funds Can Drive the Green Transition
Sustainable investment funds need to be scaled up to support a successful transition to a green economy.
How Countries Can Diversify Their Exports
Four economy-wide factors—governance, education, infrastructure, and trade policy—relate closely to more varied and complex exports across countries.
To Safeguard Global Financial Stability, Boost the Resilience of Investment Funds
Investment funds were hit hard by the pandemic; their response amplified its adverse impact on financial markets and capital flows.
How to Tax in Asia’s Digital Age
New global reforms will change where tech giants pay taxes in Asia and make the international tax system more robust.
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.” […]
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. […]