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 ...

Despite the vivid challenges of the early phase of the COVID-19 pandemic, the world remains unprepared to manufacture and distribute vaccines for the next large health emergency or pandemic. Although the global response to COVID-19 has seen major advances in vaccine technology and distribution, it h...

As World Immunization Week kicks off today, childhood vaccination remains among the most cost-effective uses of health spending. Significant progress has been made to expand global vaccine coverage. Yet, rates remain inequitable and highly variable—within countries but also across those in the same ...

John Mortimer’s third autobiography (he was very long-lived; after each one he found he went through a lot of unexpected life, hence the trilogy) opens with the reflection that the marker of elderliness is the moment you realise you cannot put on your own socks. I think the Rubicon of middle-age is ...

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...

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...

For the first time in a very long time, the US government bureaucracy has instructions to expand its engagement with Africa. This has raised questions, especially in Africa, about whether these changes mark an inflection point in the relationship between the United States and its African partners.