Recession

Rethinking Resilience in Business

2020-11-07

COVID-19 is forcing firms to reimagine resilience. Instead of trying to strengthen their ability to resist change, companies must learn how to adapt and adjust ...

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Capitalism isn't working anymore. Here's how the pandemic could change it forever

2020-10-20

Capitalism is in crisis. The pandemic could change it forever, in favor of workers and those in greatest need.

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Capitalism Is Broken. The Fix Begins With a Free Covid-19 Vaccine.

2020-10-19

Skewed public-private relationships, like pharmaceutical companies getting millions from taxpayers then overcharging for drugs, are just one part of the problem.

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Is there such a thing as a ‘good’ or ‘bad’ recession?

2020-08-24

How can the economic outlook appear so bleak, while economists remain upbeat? Not all recessions affect people equally.

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Series of discussions in Annabaa Forum for Dialogue: Coronavirus Aftermath

2020-06-30

Annabaa forum for dialogue held an extensive discussion entitled " Coronavirus Aftermath". Mr. Serdar Herki, a legal expert and a member of Annabaa Forum for Dialogue, delivered the lecture.

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Preventing an Emerging-Market Meltdown

2020-06-11

Emerging markets today account for more than two-fifths of global GDP measured at market exchange rates, and nearly three-fifths after adjusting for differences in purchasing power.

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COVID-19's class divide creates new political risks

2020-05-04

The disparity was highlighted in April when stock markets enjoyed a banner month even as 22 million people were added to the unemployment rolls.

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Target R and Wait for the Vaccine

2020-04-29

Opening up the economy means allowing more human interaction and hence greater potential for new #COVID19 infections. Two numbers matter for deciding whether this can be done safely any time soon.

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The Human-Capital Costs of the Crisis

2020-04-16

Unlike a hurricane or earthquake, the coronavirus pandemic has caused no damage to physical capital stock. But firm-specific skills have no value when the firm that uses them goes out of business, which is one reason why US productivity...

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Unemployment during coronavirus: The psychology of job loss

2020-04-05

Millions of people around the world have lost their jobs amid the current Covid-19 crisis. How should you handle your emotional reaction?

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The Race Between Economics and COVID-19

2020-03-28

For years, the economics profession has suffered from a stubborn reluctance to adopt a more multidisciplinary approach. But now that the COVID-19

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The Wealth and Health of Nations

2020-03-16

The COVID-19 outbreaks implications for the global economy are highly uncertain but potentially disastrous.

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That 1970s Feeling

2020-03-06

Policymakers and too many economic commentators fail to grasp how the next global recession may be unlike the last two. In contrast to recessions driven mainly by a demand shortfall, the challenge posed by

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After the Lebanon Protests: Between the Party of God and Party of the People

2019-11-25

Lebanons protesters succeeded in one of their demands: the resignation of the countrys embattled Prime Minister. After the seismic protests, what is the best way forward?

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Can Synchronized Stagnation Be Stopped?

2019-10-20

Given the growing risk of economic stagnation, governments may soon need to provide further stimulus – ideally in tandem with broader structural reforms...

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Four Collision Courses for the Global Economy

2019-09-28

Between US President Donald Trumps zero-sum disputes with China and Iran, UK Prime Minister Boris Johnsons brinkmanship with Parliament and the European Union

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Whither Central Banking?

2019-09-02

In an environment of secular stagnation in the developed economies, central bankers ingenuity in loosening monetary policy is exactly what is not needed. What is needed are admissions of impotence, in order to spur efforts by governments to promote demand

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The Anatomy of the Coming Recession

2019-08-25

Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks

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The Big Blockchain Lie

2018-10-21

Now that cryptocurrencies such as Bitcoin have plummeted from last years absurdly high valuations, the techno-utopian mystique of so-called distributed-ledger technologies should be next.

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Anti-regime protests in Iran erupt across the country

2017-12-30

Protesters chant death to the dictator

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