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Blog Post
May 12, 2023
In this blog post, we examine the rise of several of today’s big military spenders. These risers were not in the top ten spenders in 1990, but high rates of economic growth allowed them to allocate more dollars to the military, displacing countries higher in the list, including G7 nations.
Blog Post
April 27, 2023
The IMF should be applauded for implementing the Resilience and Sustainability Facility (RSF). That said, it is highly improbable that extending RSF financing to an additional 44 countries will be feasible in the next one or two years as it would require a major change in the mindset of borrowing co...
Blog Post
April 24, 2023
That said, there are reasons to doubt that a declining working age population would have a long-term effect on prices. They are based on an argument that economists have long made when it comes to migration into economies where the domestic labor force was still expanding, termed the “lump of labor ...
Blog Post
April 21, 2023
In our recent paper forecasting global economic outcomes in 2050, we compared our estimates to the five shared socioeconomic pathways developed in 2018–scenarios used as part of climate change forecasting exercises by the IPCC. But these were far from the first global economic forecasts to reach 205...
Blog Post
April 21, 2023
At the Spring Meetings of the World Bank, a range of shareholders repeated their call for multilateral development banks (MDBs) to do more, particularly with regard to climate finance. At the same time, client countries are demanding these institutions preserve their core mandate to support developm...