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 | Climate Change Essential Reading Guide
Learn more about the relationship between climate change and international finance, from carbon-pricing policies to the transition to a low-carbon economy.
Key Challenges Faced by Fossil Fuel Exporters during the Energy Transition
The global energy transition is affecting fossil fuel exporters from multiple angles. It is adding to longstanding uncertainties on relative movements of fossil fuel demand and supply. Policymakers are very familiar with these challenges, but they now also face expectations of a permanent decline in the long-run global demand for fossil fuels. The path of the energy transition remains highly uncertain and will pose significant macroeconomic challenges to fossil fuel exporting countries. Read more
Trade in Low Carbon Technologies: The Role of Climate and Trade Policies
Curbing carbon emissions to meet the targets set in the Paris Agreement requires the deployment of low carbon technologies (LCTs) at a global scale. This paper assesses the role of climate and trade policies in fostering LCT diffusion through trade. Leveraging a comprehensive database of climate policies and a new database identifying trade in low carbon technologies and the tariffs applied to these goods, this paper shows that the introduction of new climate policies has a positive and significant impact on LCT imports. Read more |
 | Fintech Essential Reading Guide
Get a primer on blockchain; emerging digital currency trends; and associated opportunities, challenges, and risks.
Central Bank Digital Currency and Other Digital Payments in Sub-Saharan Africa: A Regional Survey
This Fintech Note reports key findings from the Sub-Saharan Africa Central Bank Digital Currency (CBDC) and Digital Payments Survey, shedding light on the motivations, benefits, and challenges of CBDC adoption, as well as the developments of digital private money and crypto assets in sub-Saharan Africa. It emphasizes the pivotal role of collaboration and shared knowledge in navigating the intricate landscape of digital currencies and assets in sub-Saharan Africa. As this evolving digital frontier is explored, the experiences and aspirations of the regionâs central banks will help harness the potential for digital currencies, assets, and payments, and foster cooperation among countries in sub-Saharan Africa. Read more
Rise of Digital Money: Implications for Pacific Island Countries
This Departmental Paper delves into the fast-evolving landscape of digital money in a region that comprises economies of extremes in size, remoteness, and dispersion. It provides an overview of the development of digital money and payment systems in the Pacific Island countries, underscores the potential of digital money in advancing public policy goals, and examines the prerequisites for successfully adopting various forms of digital money and proposes a strategic framework for policy decisions. Read more |
 | Inclusive Growth Essential Reading Guide
This guide examines equitable financial growth and the connection between gender and economics and jobs, trade, and taxes.
Gender Equality and Economic Development in Sub-Saharan Africa
At a time when the traditional engines of growth have weakened globally, promoting gender equality can help boost and sustain inclusive growth over the medium term. This book showcases some of the emerging analytical work and country examples that can help policymakers improve the effectiveness of macroeconomic policies to drive inclusive, sustainable development. It calls for concerted efforts to dismantle structural barriers, transform social norms, and prioritize gender-responsive policies to unlock the full economic potential of sub-Saharan Africa. Read more
Gender and Business Cycles
This note reviews the literature on the complex relationship between gender and business cycles. It focuses on nuanced patterns that challenge the notion of gender neutrality in economic fluctuations. The note also analyzes dimensions, such as unemployment, income risk, hours worked, and responses to monetary and fiscal policy shocks, and documents distinctive disparities. Read more |
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