Of Interest/ESG News
you are currently viewing::IMF-Driving Change: Women-Led EconomicsMarch 10, 2025-Summary They account for only 7 percent of articles in the top 10 journals of the profession, as Ernest Aigner, Jacob Greenspon, and I show in a forthcoming paper, even though their collective weight in the world economy exceeds 60 percent (measured by their global GDP share at purchasing power parity). The representation of women economists on all fronts is lower still.Even when research is published, getting it noticed is a major challenge. Promoting research within academic circles is one thing; bringing it to wider attention is quite another. Translating research findings into tangible policy requires sustained engagement with policymakers and the public-a demanding process that competes with researchers' limited time and resources. This creates a difficult balance: While researchers face pressure to produce new work, the crucial task of ensuring that existing research influences policy often remains underfunded and undervalued. Global relevance Empirical research produced in developing economies is not only locally relevant but also holds critical insights for global challenges. From climate adaptation to conflict resolution, pressing world issues first manifest intensely in developing regions. Source: imf.org |
How Animal Spirits Affect the Economy
March 3, 2025—Viral narratives could be the missing link between emotions and economic fluctuations
Storytelling is central to how we interpret economic events. We recall economic history through haunting images of anxious crowds waiting to take money out of banks during the Great Depression or dejected office workers carrying cardboard boxes out of Lehman Brothers in 2008.
Trump's latest global tariffs, announced on a self-proclaimed 'Liberation Day', will likely cause sharp short-term trade declines-and a significant surge in inflation for the US
March 3, 2025—On 2 April 2025 - his self-proclaimed 'Liberation Day' - President Donald Trump once again announced new tariffs. This time, all US trade partners will face a minimum 'discounted reciprocal tariff' of 10%. For countries with trade surpluses deemed guilty of 'currency manipulation and trade barriers', tariffs could rise to nearly 50%. Southeast Asian export-driven economies will particularly be affected. Major trading partners-such as China (34%), the EU (20%) and Japan (24%)-will face intermediate rates, although they are extremely high by historical standards.
WTO and OECD release expanded dataset on trade in services covering over 200 economiess
February 17, 2025-New data on bilateral trade in services covering over 200 economies from 2005 to 2023 was released by the WTO and the Organisation for Economic Co-operation and Development (OECD) on 17 February.
