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- What is a recession and how to tell if one is happening
As two advanced economies slip into recession, economists warn of uncertain times ahead But what is a recession and how can we tell if one is happening?
- An economist explains what COVID-19 has done to the economy
COVID-19 has caused an economic shock three times worse than the 2008 financial crisis Europe and emerging markets have been hit hard economically, China has escaped a recession But the worst could be behind us, and a greener economy could emerge after the pandemic, according to the Chief Economist at IHS Markit Subscribe here
- Chief Economists Say Global Recession Likely In 2023, But Pressures On . . .
Geneva, Switzerland, 17 January 2023 – A majority of the World Economic Forum’s Community of Chief Economists expect a global recession in 2023, see geopolitical tensions continuing to shape the global economy, and anticipate further monetary tightening in the United States and Europe These are the key findings of the Chief Economists Outlook, launched today at the World Economic Forum
- Recession and Automation Changes Our Future of Work, But There are Jobs . . .
In the absence of proactive efforts, inequality is likely to be exacerbated by the dual impact of technology and the pandemic recession The Future of Jobs 2020 report partner ADP Research Institute tracked the impact of COVID-19 on the United States labour market
- Stagflation made us rethink how we manage economies. Will it make a . . .
Central bankers in the US intervened with a vengeance in the early 1980s, cranking up interest rates and pushing that country into a recession – but also cooling inflation Unemployment also trended downward, as clarity on official intentions grew and the economy regained strength
- Could the 2008 financial crisis have been predicted and avoided?
Ever since the 2008 financial crash and subsequent recession, economists have been pilloried for failing to foresee the crisis, and for not convincing policymakers of what needed to be done to address it But the upheavals of the past decade were more a product of historical contingency than technocratic failure
- How does the COVID recession compare?
COVID-19 has caused a recession from which global economies are only expected to recover by late 2022, if a vaccine is available Although every recession is different, history offers lessons for the current pandemic-induced downturn Amid so much uncertainty, policymakers should focus on keeping taxes low, developing plans for fiscal consolidation, and avoiding new regulations until the
- Chief economists on what lies ahead for the world in 2023 | World . . .
A global recession in 2023? Chief economists are completely divided on what will happen, says the World Economic Forum’s Chief Economists Outlook 2023
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