The possibility of multiple financial shocks lies ahead. Three significant changes to the macro-economic policy regime in advanced economies have…
Unemployment and wage rates are theoretically linked, and may hold a key to our immediate economic future. Current global stagflation…
Weaker performance of emerging markets is expected in the immediate future. This year began with simultaneous signs of a slowdown…
Commodity prices have recovered their 2020 losses and, in most cases, are now above pre-pandemic levels (Figure 1). The pace…
While the economic recovery around the world remains uneven, fragile, and unbalanced across sectors, financial markets are generally doing very…
U.S. stock and corporate bond markets performed extraordinarily well from the March financial shock caused by covid-19 to the end…
The “middle-income trap” has captured many developing countries: they succeeded in evolving from low per capita income levels, but then…
Signs of recovery in various parts of the global economy started in May, after the depressive dip imposed by Covid-19.…
Data recently released on the first-quarter global domestic product (GDP) performance of major economies have showed how significant the impact…
In a previous article, we highlighted how developing economies have faced simultaneous shocks from their external environment, as pandemic and…