Several countries have been motivating their industrial policies based on fighting climate change and promoting a green economy. Climate…
The stereotypical image of innovation policy is big subsidies for researchers at universities or high-tech firms, but the truth is more…
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The explosive growth of artificial intelligence has put technology at the center of economic and political debates. We are uncertain about…
June 4, 2024, Opinion: "The need for any debt relief has often been contested, actual debt relief has been granted too slowly, and the…
June 2024, Speech: "An Evolving Economic Force. Nobel Lecture, American Economic Association."
June 5, 2024, Paper: "Over the past decade, few ideas have been more influential in macroeconomic policy that the notion advanced economies…
June 2024, Opinion: "Countries could better address the world’s economic challenges with help from the IMF’s global reserve asset.…
Economic development is a path-dependent process in which countries accumulate capabilities that allow them to move into more complex…
This paper investigates the economic and social consequences of sovereign default on external debt. We focus on the crises’ impact on real…
May 29, 2024, Audio: "Here & Now's Peter O'Dowd speaks with former Treasury Secretary Larry Summers, who wrote a recent paper with…