Middle East Needs Fairer Taxes to Aid Growth and Ease Inequality
More progressive taxes with fewer exemptions would help governments pay for immediate spending priorities and make societies fairer.
Chart of the WeekGreenhouse Emissions Rise to Record, Erasing Drop During Pandemic
Emissions of carbon dioxide and other harmful greenhouse gases plunged 4.6 percent in 2020, offering reason to think that the pandemic might be a turning point in the climate-change fight.
Capital Markets Regulation Is Stronger, but Some Gaps Still Must be Closed
Countries have made substantial progress toward implementing capital markets regulatory reform, but important gaps remain and new challenges have raised the bar.
Chart of the WeekMore African Central Banks Are Exploring Digital Currencies
Several sub-Saharan African central banks are exploring or in the pilot phase of a digital currency.
From 1980s Debt Crisis to Crypto Era, Financial Stability Monitoring is Always Evolving
The IMF’s Global Financial Stability Report, introduced in 2002, was a step toward a more comprehensive assessment of risks in financial markets and cross-border capital flows.
How Crypto and CBDCs Can Use Less Energy Than Existing Payment Systems
Environmentally conscious design can make a major difference in the energy efficiency of digital currencies.
Chart of the WeekWhere Are the World’s Fastest Roads?
High-speed roads that can carry goods to customers in far-off markets raise productivity, reduce poverty and are an important contributor to sustainable and inclusive economic development.
How Replacing Coal With Renewable Energy Could Pay For Itself
The world may gain an estimated $78 trillion over coming decades by making this energy transition.
Response to High Food, Energy Prices Should Focus on Most Vulnerable
Countries should allow international prices to pass through to domestic prices while protecting households that are most in need.
A Deeper Look at Forces Fragmenting Our World—and How to Respond
The rare confluence of geopolitical, economic, and technological forces now confronting the world may reverberate for generations.