From Doing Business to B-READY: World Bank’s new rankings represent a rebrand, not a revamp

The 2025 spring meetings of the World Bank Group and the International Monetary Fund takes place in Washington, D.C. Bryan Dozier/Middle East Images/AFP via Getty ImagesIn 2021, the World Bank shut down one of its flagship projects: the Doing Business index, a global ranking system that measured how easy it was to start and run a business in 190 countries.

FEDS Paper: QE, Bank Liquidity Risk Management, and Non-Bank Funding: Evidence from U.S. Administrative Data

Matthew R. Darst, Sotirios Kokas, Alexandros Kontonikas, Jose-Luis Peydro, and Alexandros P. VardoulakisWe show that the effectiveness of unconventional monetary policy is limited by how banks adjust credit supply and manage liquidity risk in response to fragile non-bank funding. For identification, we use granular U.S. administrative data on deposit accounts and loan-level commitments, matched with bank-firm supervisory balance sheets.

Skill-Based Online Casino Games: The New Trend in Online Gambling

Gone are the days when players prioritized luck games over skill. Though online casinos have undergone significant changes with the advanced technologies and development in the last decade, one notable growth is the rise of skill-based games, where players can exhibit their strategies and skills at casino games rather than relying on mere luck. Skill-based ... Read more

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