Chart of the WeekGlobal Carbon Emissions Are on the Rise Again
By Christian Bogmans, Akito Matsumoto, and Andrea Pescatori
After good progress in the beginning of the decade, global carbon emissions have started to pick up again. (more…)
A New Climate Economy
By Gita Bhatt
“Everybody talks about the weather, but nobody does anything about it.” The quip, attributed to 19th-century American humorist Mark Twain, might describe the current state of play on climate change. In Twain’s day, it was absurd to suppose humans could do anything about the weather. (more…)
For Venezuela’s Neighbors, Mass Migration Brings Economic Costs and Benefits
By Emilio Fernandez Corugedo and Jaime Guajardo
The world’s newest migration crisis is unfolding in Latin America, where Venezuela’s economic collapse and unprecedented humanitarian crisis has sparked a wave of emigration to neighboring countries. (more…)
All the Way to the Top: Industrial Policy, Innovation, and Sustained Growth
By Reda Cherif and Fuad Hasanov
The odds of poor or middle-income countries achieving the stardom of the “Asian Miracles” within a generation or two, or even three, are small. Between 1960 and 2014, only 16 developing economies worldwide were able to vault into high-income status, and many of those were fortunate enough to have discovered oil or join the European Union. (more…)
Chart of the WeekEurope’s Wage-Price Puzzle
Does higher wage growth fuel inflation? In Europe, that has historically been the case. (more…)
Chart of the WeekThe Threat of Inequality of Opportunity
By Shekhar Aiyar and Christian Ebeke
There are clashing views on the relationship between income inequality and growth. (more…)
A Map of Inequality in Countries
By William Gbohoui, Raphael Lam, and Victor Lledo
Social and economic inequality between and within regions in countries is rising in many advanced economies and is now at the forefront of the policy debate because of perceptions that some people and places have been left behind. (more…)
Chart of the week The Global Informal Economy: Large but On The Decline
The informal economy, which is economic activity that falls outside the regulated economy and tax system, such as street vending or unregistered taxi drivers, is hard to measure. (more…)