A new study from the University of Bath has found that highly leveraged loans are increasingly underpriced in the U.S. loan market, particularly among non-bank lenders that are not subject to the same oversight as traditional banks, with researchers warning that this systemic issue could trigger a new financial crisis.

In 2023, India surpassed China as the most populous country in the world, and is likely to retain this status for the remainder of this century. In a recent study, IIASA researchers explored whether India could also surpass China in terms of broader socio-economic potential, given the country’s rapid economic growth in recent decades.