Macroeconomics and Fiscal Management

Is another food crisis unfolding?

This research documents global developments in real food prices with an emphasis on comparing the 2008 and the post-2019 price increases and their incidence across the globe. It shows rising real…

Clemens Graf von Luckner, Kathryn Holston, Carmen Reinhart|
Agriculture and Food, Inequality and Shared Prosperity, Macroeconomics and Fiscal Management, Social Protection

The ascent of crypto-assets: evolution and macro-financial drivers

This paper documents the rise in on-chain crypto-asset activity around the world at the country level and investigates the association of crypto-asset volumes across countries with key global and…

Erik Feyen, Yusaku Kawashima, Raunak Mittal|
Financial Sector, Macroeconomics and Fiscal Management

Policy Research Working Paper series publication roundup for March 16-March 31, 2022

This blog is a biweekly feature highlighting recent working papers from around the World Bank Group. It introduces five papers published from March 16 to March 31 on various topics, including…

Marcelo Buitron, Policy Research Working Paper team|
Financial Inclusion, Financial Sector, Fragility Conflict and Violence, Health, Inequality and Shared Prosperity, Macroeconomics and Fiscal Management, Poverty, Social Protection, Trade

Measuring consumption then and now — 20 years since Deaton and Zaidi

May 2002 the World Bank released the Guidelines for Constructing Consumption Aggregates for Welfare Analysis. Authored by future Nobel laureate Angus Deaton and rising economist Salman Zaidi, the…

Kristen Himelein|
Inequality and Shared Prosperity, Macroeconomics and Fiscal Management, Poverty

A new dataset to measure the effective taxation of capital and labor globally since the 1960s

This research shows how trade integration has impacted the taxation of capital and labor, offering a global, historical, and comparative perspective on the evolution of tax structures, covering…

Pierre Bachas, Matthew Fisher-Post, Anders Jensen, Gabriel Zucman|
Financial Sector, Macroeconomics and Fiscal Management
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Macroeconomics and Fiscal Management