EY: Threats and Opportunities in a Post-Covid-19 Economic Context

A statement currently circulating on social media warns that “it is strange that certain world economies easily collapse when consumers buy only what they need”. Statements like this often contain some degree of truth. The social isolation linked to the

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World Bank’s Vice President for Infrastructure: Now is the Time to Rethink Transport and Logistics

Covid-19 has had a huge impact on transport. The response to the pandemic, from social distancing to lockdown policies for affected areas, has disrupted mobility and connectivity everywhere. It has had cumulative impacts on the basic infrastructure and systems that

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Don’t Expect Miracles from the Multilaterals

by Otaviano Canuto Latin American and Caribbean economies need help, but organisations such as the IDB are also stretched thin. With Latin America and the Caribbean potentially facing years of difficulties due to the pandemic and related economic crises, attention

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Markets Move in Anticipation of Boom Times

Yesterday, equity markets the world over went near ballistic on the news that an effective vaccine had been developed to tame and possibly defeat the novel coronavirus. Markets already buoyed by Joe Biden’s win in the US presidential election, got

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Lucrezia Reichlin: Data Pioneer Hopes for a New Era of Economic Co-operation

Italian economist Lucrezia Reichlin is recognised as one of the pioneers of big data. Reichlin made history as the first female director-general of research at the European Central Bank (ECB), and currently teaches economics at London Business School. The Rome

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Whither Interest Rates in Advanced Economies: Low for Long?

by Otaviano Canuto We have previously discussed how, between March 2020, when the financial shock caused by COVID-19 occurred, and the end of August, the stock and corporate debt markets in the United States performed extraordinarily, despite gloomy prospects on

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Reshma Sohoni: An Identity and an Ambition Forged Through a Lifetime of Migration — and Adaptation

Reshma Sohoni migrated to the US from India at the age of 10, moved to France to pursue an MBA at INSEAD, and now calls London home. She says she feels “as Indian as American, and as American as European”.

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China on the Way Back to Rebalancing

China’s economy keeps recovering from the coronavirus pandemic-led crisis through the third quarter of 2020, as revealed by the numbers of August activity. Its GDP grew by 3.2% in the second quarter, after falling by 6.8% in the first quarter,

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Otaviano Canuto: Dependency and Disconnect of U.S. Financial Markets

U.S. stock and corporate bond markets performed extraordinarily well from the March financial shock caused by covid-19 to the end of last month. Then, three consecutive weeks of decline in the three major stock market indexes have been followed this

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World Bank on COVID-19 in Africa: Can Safety Nets Ease Social and Economic Impacts?

Across the world, governments have geared up to respond to the socio-economic shock of the coronavirus pandemic. Early action in countries hard-hit by the crisis range from economic stimulus packages and the lowering of interest rates to social safety nets

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