Recent Posts

Where Are The World’s Fastest Roads?

High-speed roads that can carry goods to customers in far-off markets raise productivity, reduce poverty and are an important contributor to sustainable and inclusive economic development. This is why economists spend time trying to assess the state of the world’s roads through surveys and the like. IMF staff have developed …

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Hard Truths About The Energy Transition And Other Economic Challenges

While the economy is recovering from the coronavirus crisis, driven by expansionary fiscal and monetary policies of late, the war is now interrupting that recovery. The current challenges to Spain’s economy are rising prices; deglobalization and supply chain breakdowns; the energy transition; monetary policy changes; a high level of public …

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The Shifting Political Hierarchy In The North Caucasus

Russians are not the only ones participating in Russia’s invasion of Ukraine. According to the BBC Russian Service, 321 servicemen from the North Caucasus (i.e., the Russian republics of Karachay-Cherkessia, Kabardino-Balkaria, North Ossetia, Ingushetia, Chechnya, and Dagestan) are confirmed dead. More than half have come from Dagestan. The regional governments …

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