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Monetary policy settings across countries only make sense by also considering the fiscal context.In 2020, the world faced the common shock of the pandemic. Initially similar consequences later diverged under the influence of very different policy responses. Roll forward to 2024, and the signs of that divergence are even starker.
Prices rose at the slowest rate since before the Ukraine war, as inflation in fuel and food eased.
While Christians in the secular West languish in spiritual mediocrity, Christianity remains a deadly serious matter almost everywhere else. PHILADELPHIA, Pa. (The Catholic Standard and Times) - ...
With the release of the IPCC’s latest report confirming that the world is alarmingly far from achieving global climate goals, governments must set mandatory emissions targets for the private sector, establish a robust global carbon market, and distribute the global carbon budget and emissions rights fairly.
The debt jurisdiction affects a government’s ability to restructure its debt, is key to shaping the restructuring process, and affects the timing and conditions of market access. This column introduces a new database that codes sovereign defaults according to the legal jurisdiction governing the debt instruments. The database offers an overview of the last four decades of