“Economic bottom has been overcome” Courtesy of RWI Essen The RWI expects German economic growth to slow by 5.8 percent this year due to measures to combat the coronavirus pandemic. The economy is expected to grow by 6.4 percent in the coming year. The unemployment rate is expected to be 5.9 percent this […]
“Does social capital help contain COVID-19?” Courtesy of IZA Since the beginning of this year, the novel coronavirus has rapidly spread throughout the world, affecting the lives, health, and livelihoods of people all around the globe. With no medical solution available yet, the key margin to contain the spread of the pandemic is […]
“Don’t worry about today’s borrowing numbers. It’s next year’s that should worry us” By Carl Emmerson, Benjamin Nabarro, and Isabel Stockton, courtesy of the IFS The ONS will release its latest monthly public finance estimates at 7 a.m. on Friday 19 June. They will show that across April and May government borrowing ran […]
By Michael Auslin, courtesy of the Mercatus Center The COVID-19 pandemic that began in Wuhan, China, has led to a sharp intensification in tensions between the United States and China. With clear evidence that Beijing covered up the extent and nature of the epidemic in its early months, using the World Health Organization (WHO) to mislead […]
By Oliver McPherson-Smith, American Consumer Institute Recent employment data suggests that America is on the road to economic recovery in the wake of the COVID-19 lockdowns. Despite the nascent evidence of better times ahead, the economy in 2020 will not inevitably look like it did in late 2019. To help workers find jobs in this new […]
“New report outlines deregulatory and tax-cutting measures to reboot Britain” By Julian Jessop and Len Shackleton, courtesy of IEA The uncertainty created by the COVID-19 crisis has reinvigorated many old debates about the role of the state, says a new report from the Institute of Economic Affairs and Civitas, written by IEA Economics Fellow […]
By Nicolas Marques, courtesy of the Institut Molinari We often hear it said that managing a pandemic such as the coronavirus depends on societal choices. The alternative would be to save lives or savings. Health and economic data show that the reality is far more complex than this caricatural dilemma. Some countries are able to reconcile […]
By Nafeez Ahmed, courtesy of the European Policy Centre Oil prices have crashed. The most visible cause has been the measures taken to contain the COVID-19 pandemic, which have triggered record lows in global oil demand. Yet the crisis also exposes structural vulnerabilities in our fossil fuel-dependent economic system, which requires us […]
By Andy Blom, TES Washington Editor Wow! Busy week. Some states are opening, some states are dragging their feet, the stock market is climbing, employment is rocketing back up but people are still social distancing unless they’re protesting. And, in the true American spirit, some people just have never stopped working through it all, […]
“ECB calls for European Integration via a Common Fiscal Policy Response” By Gordon Kerr, Cavin O’Driscoll and Enrico Colombatto, courtesy of IREF ECB President Lagarde announced a keenly awaited new policy statement on April 30th. There was to be no increase to the Euros 750 billion Pandemic Emergency Purchase Programme (PEPP), but the economic […]