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.
Middle East and North Africa’s Commodity Importers Hit by Higher Prices
Higher commodity prices, propelled upwards by war in Ukraine, will have a significant economic impact on the region.
Why We Must Resist Geoeconomic Fragmentation—And How
Only international cooperation can address urgent global issues such as fixing shortages of food and other products, eliminating barriers to growth, and saving our climate.
Why Countries Must Cooperate on Carbon Prices
An international floor price for carbon could speed the world’s transition to green energy without compromising countries’ competitiveness.
Healing the Pandemic’s Economic Scars Demands Prompt Action
Challenges facing emerging market workers and students everywhere could turn to long-term damage.
Chart of the WeekInflation to be Elevated for Longer on War, Demand, Job Markets
The war in Ukraine will quicken inflation, which we now expect to remain elevated for longer than previously forecast on higher commodity costs and broader price pressures.
Latin America Faces Unusually High Risks
The war in Ukraine and tighter financial conditions are among risks that cloud growth prospects for the region.
War in Ukraine is Serious Setback to Europe’s Economic Recovery
Ukraine and Russia face the sharpest economic contractions, but other countries could also fall into recession this year.
Chart of the WeekGlobal Economic Uncertainty, Surging Amid War, May Slow Growth
As the war in Ukraine unfolds, global uncertainty has surged, according to the latest reading of the World Uncertainty Index—a quarterly measure across 143 countries. This increase is a bad sign for growth.