Fiscal Rules and Long-Term Inclusive Growth

Governments must be able to meet their obligations over time, and the credibility of public finances affects borrowing costs across the economy. This brief asks whether defining fiscal responsibility primarily as reducing deficits and debt serves that objective. It examines five myths about fiscal policy and shows how they became embedded in the rules used […]
Global Council on New Economics for the 21st Century: Towards a Common Good Economy
A Mission-Aligned World Bank: From Ambition to Delivery

The World Bank’s adoption of missions as an organising framework — through initiatives such as Mission 300 and Mission Water — signals an ambition to operate not only at greater scale, but with more coherence and direction, structuring interventions around clear societal objectives. This paper outlines the change in economic thinking that needs to accompany […]
Principles for an Inclusive and Sustainable Global Economy: A Discussion Paper for the G20
Mission-oriented Industrial Strategy: Global Insights