Financial news + insight
Labor markets around the world are being reshaped by powerful trends, including rapid advances in artificial intelligence (AI), and population aging in some regions and youth bulges in others. AI's impact on labor markets is multifaceted and complex: It has the potential to create new job opportu...
The Peterson Institute for International Economics and the Centre for Economic Policy Research (CEPR) host a discussion of The Florence Report: Reconfiguring Europe in a fractured global economy. As Europe confronts slowing growth, competitiveness pressures, geopolitical fragmentation, demographi...
South Asia’s growth is expected to slow in 2026 amid headwinds from global energy market dislocation. Trade reforms could unlock further growth by reducing trade barriers, especially for emerging export sectors.
Labor markets around the world are being reshaped by powerful trends, including rapid advances in artificial intelligence (AI), and population aging in some regions and youth bulges in others. AI's impact on labor markets is multifaceted and complex: It has the potential to create new job opportu...
The Peterson Institute for International Economics and the Centre for Economic Policy Research (CEPR) host a discussion of The Florence Report: Reconfiguring Europe in a fractured global economy. As Europe confronts slowing growth, competitiveness pressures, geopolitical fragmentation, demographi...
One of PIIE's longest tenured fellows, Jeffery J. Schott joins Insider LIVE to share the latest in US trade developments. Host Anjali V. Bhatt sits down with Schott to discuss all things trade, from what to watch for in the United States-Mexico-Canada Agreement (USMCA) review, to the state of Sou...
The LAC AI Accelerator is a regional initiative that aims to foster the development and implementation of artificial intelligence (AI) use cases, especially agentic AI use cases, across Latin America and the Caribbean (LAC) countries.
İslam ekonomisinin liderleri İstanbul'da buluşacak: Sermayenin rolü ele alınacak
ADB has announced a new financing partnership facility, established with the Government of Japan as an initial financing partner, to help ADB developing member countries strengthen disaster resilience and regional cooperation.
ADB and Japan have announced a new joint initiative to support countries and businesses in Asia and the Pacific facing rising energy prices, while accelerating the transition to more resilient and sustainable energy systems.
ADB is mobilizing $50 billion by 2035 through new financing tools, policy support, and partnerships to help countries build cross-border power grids across some of the world’s most complex regions, aiming to lower energy costs, strengthen reliability, and expand clean energy trade, ADB President ...
The Government of Germany has joined ADB’s Nature Solutions Finance Hub as a financing partner, providing €5.5 million ($6.5 million) in grant cofinancing. The contribution will help scale up efforts to protect, manage, and restore biodiversity and ecosystems across Asia and the Pacific.
ADB has signed a $116 million financing package with Acwa to support the development, construction, operation and transfer of a 300-megawatt wind power plant in Uzbekistan’s Bukhara region, further accelerating the country’s transition to renewable energy.
Japan will host ADB's 60th Annual Meeting in Aichi-Nagoya from 2 to 5 May 2027. The event will mark ADB’s 60th anniversary and celebrate a six-decade partnership that dates back to the bank’s inception.
İnşaat üretim endeksi mart verileri: Yıllık bazda %1,2 oranında azalış kaydedildi
Much of development economics, both micro and macro, posits theories and explores the empirics of poverty traps. A common theory centers around asset-threshold poverty traps in which marginal returns to capital increase sharply over a certain threshold and financial markets are incomplete. This combination leads households above this threshold to prosper while those below continuously fall back, trapped in poverty. Yet in economics, as best as we can tell, far more papers assume such threshol...
We provide the first direct estimates of distribution expenses incurred by manufacturing plants and quantify their importance for aggregate consumption and measured misallocation. Using a novel measure from the Indian Annual Survey of Industries, we document three facts: distribution expenses amount to over half of labor costs, are over three times larger as a share of sales for plants in the largest decile relative to the smallest, and declined by one third from 2000 to 2010. We develop a mo...
Using a representative sample of more than 7,000 Ukrainians, we study how information treatments affect corruption perceptions and prosocial behavior. We document a large gap between perceived and experienced corruption: while most respondents view corruption as widespread and a major national problem, far fewer report direct exposure. Through a randomized controlled trial, we find that informing citizens about successful prosecutions raises perceived government willingness to fight corruptio...
Shelter is the largest component of US consumer price index (CPI) inflation; therefore, the accuracy of shelter inflation is critical for the accuracy of overall CPI inflation. Nonresponse in the BLS Housing Survey, which underpins the measurement of CPI shelter inflation, has increased since 2000 and now represents roughly 40 percent of total observations. Missing rent data are currently imputed using a class-mean approach based on rent tier, potentially resulting in biased imputations, as w...
Using newly digitized monthly data on the quantities and prices of imports as well as product-level data on tariff rates, we estimate that in the first year after the passage of the Smoot-Hawley Tariff Act, imports facing rate increases fell swiftly and dramatically relative to imports not affected by tariffs: for a one-percentage-point increase in the tariff rate, they declined by an average of 4%. We also estimate that the incidence of Smoot-Hawley was almost entirely borne by U.S. importer...
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