The rise in Japanese holdings of foreign bonds had an enormous impact on global markets between 2011 and 2020. The markets will now have to adapt to a sustained reduction in Japanese demand.

SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

Argentina has struggled with political dysfunction and financial crises for decades. What could firebrand President Javier Milei mean for Argentina’s economy and role in the world?

The country’s massive economic problems will be a vexing challenge for whoever becomes president.

The Joe Biden administration is implementing the largest federal investment in infrastructure in decades. Here’s why infrastructure matters for U.S. economic competitiveness.

The Inter-American Development Bank aims to bolster economic and social development in Latin America and the Caribbean, but critics say reforms are needed.

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …