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A Race Between Vaccines and the Virus as Recoveries Diverge
In just three months since we released our last forecast in October, recorded COVID-19 deaths have doubled to over 2 million, as new waves have lifted infections past previous peaks in many countries.…
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What the Continued Global Uncertainty Means for You,
Global uncertainty reached unprecedented levels at the beginning of the COVID-19 outbreak and remains elevated. The World Uncertainty Index—a quarterly measure of global economic and policy uncertainty covering 143 countries—shows that although uncertainty…
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How To Make A New Year’s Resolution
2020 has been a disaster for meeting new people, which is why Per Carlbring's New Year's resolution is to spend next year trying to connect with someone new every day. Carlbring, a professor…
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Global Policy Responses to Capital Flow Volatility
The COVID-19 health and economic crisis has once again focused attention on the fickleness of capital flows and the need to have an adequate policy toolkit to manage the risks that stem from…
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A Greener Future Begins with a Shift to Coal Alternatives
Demand for coal remains strong and helps to fuel economic development in emerging markets. Yet many countries, seeking a more sustainable future, have been taking steps to reduce their dependence on fossil fuels,…
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When Inequality is High, Pandemics Can Fuel Social Unrest
In the months and years following previous pandemics, the countries most affected saw a rise in social unrest. Based on this historical trend, the COVID-19 pandemic could pose a threat to the social…
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How a Collective Infrastructure Push Will Boost Global Growth
With vaccines around the corner, there is increased hope that the pandemic could soon be under better control. That said, the need for cooperative efforts to work toward a better future has never…
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Time is Ripe for Innovation in the World of Sovereign Debt Restructuring
When corporations have too much debt and need to restructure it, creditors often end up exchanging bonds or loans for stocks. They trade the guaranteed payout of a fixed-income investment for an equity…
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Continued Strong Policy Action to Combat Uncertainty
As G20 leaders meet virtually this week, the global economy faces a critical juncture. Countries have started to climb back from the depths of the COVID-19 crisis. But the resurgence in infections in…
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Biden vs. Biden on China
If Biden talked about China in 2020 like he did back in 2000, he might have lost the election. Three-quarters of Americans now have an unfavorable view of the country — up from…
