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The rapid advance of digital technologies and their increasingly cross-cutting applications have driven global transformations that are affecting the entire economy and all of society. The coronavirus disease (COVID-19) pandemic marked a turning point in terms of how widely digital solutions are...
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Renewable energy (RE) can play a vital role in ensuring a sustainable energy platform for the future, and in addressing climate change. Investment in RE in the upper middle-income countries (UMICs), which are a major contributor to global carbon dioxide (CO2) emissions, can be an important...
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This paper asks whether increasing productivity in the electricity sector can yield larger long-run GDP gains than suggested by electricity's small share of aggregate economic activity. We answer this question using a dynamic model in which electricity is a strong complement to other inputs in...
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