Discover what First World countries are: developed, industrialized nations with stable democracies, high living standards, ...

The global economy has always been a complex system, but in recent years, there’s been a growing consensus that some nations ...

Economic thought has evolved over centuries, shaping the policies and practices that guide nations' economies today. In this ...

Long-term crude oil prices are held down by growing wage and wealth disparities, which reduce the purchasing power of the ...

Understanding the Global Role of the US Economy With significant changes in economic policy likely in the U.S., economists at the World Bank attempt to assess their impact on the rest of the world.

Discover how poverty traps create barriers to financial independence, what causes them, and explore practical solutions to ...

Prices in the rich world are still rising by 9% year on year. Investors and statisticians will get better at understanding the world economy during periods of volatility and inflation.

Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying output of goods and services, price levels, and labor use provides ...

After Trump and Biden, a path toward re-globalization The world’s ‘middle countries’ need to band together to repair the damage to the global economy.

How the global economy became weaponized.It used to be that when Europeans needed a bit of wiggle room from the American empire on a matter of desperate importance, they could simply claim it. In ...