Recommended articles

1. Interest differentials and exchange rate changes before and after the global crisis (Econbrowser).
2. Policy actions to sustain growth and guard against risks (IMF Blog).
3. How can machine learning and artificial intelligence be used in development interventions and impact evaluations? (Development Impact).
4. How 5G will change the world (WEF).
5. Asian and European cities compete for the title of most expensive city (The Economist).
6. Preparing Brazil for the future of work: Jobs, technology, and skills. Automation is coming, disrupting the world of work at unprecedented speed and scale. Here’s how the largest economy in Latin America can face the challenge (McKinsey).
7. The consumer benefits of trade agreements: Evidence from the EU trade policy. There has been a surge in the number of trade agreements over the past two decades. This column investigates the impact of trade agreements implemented by the EU between 1993 and 2013 and asks how consumers benefit from such agreements. The evidence shows that trade agreements increased quality by 7% on average but did not affect prices or variety. This translates into a cumulative reduction in consumer prices of 0.24%, equivalent to savings of €24 billion per year for EU consumers. Higher-income EU countries enjoyed much stronger quality increases and larger overall consumer benefits (VOX).