Howitt and Aghion received the honor for their endogenous growth model developed in the late 1980s. Mokyr was recognized for ...

Collectively, the trio’s work has examined what drives sustainable economic growth over time, including scientific innovation ...

Global growth is projected at 3.0 percent for 2025 and 3.1 percent in 2026, an upward revision from the April 2025 World Economic Outlook. This reflects front-loading ahead of tariffs, lower effective ...

The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. As a result of the pandemic, the global ...

Most large countries continue to be on track to meet their inflation targets by 2026, but the last mile is proving difficult. Though inflationary expectations remain anchored, rising labor costs in ...