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You can see digital trade everywhere except in the trade statistics.
As the UK embarks on a prolonged period of negotiating post-Brexit trade deals this is a challenge to negotiators and policymakers.
A new report by Cambridge Econometrics for the Department for International T…
Andrew Sentance assesses what interventions the UK government could make to limit the economic damage caused by the COVID-19 lockdown and encourage a more rapid recovery.
Last week’s Bank of England Monetary Policy Report made sobering reading in terms of the short-term outloo…
The COVID-19 pandemic is a health crisis, which is quickly turning into a major economic shock. It affects all sectors of the economy, to varying degrees.
Here Ben Gardiner and Chris Thoung looks at three aspects of the economic impact of COVID-19 from a local point of view:…
Global GDP: we currently project the COVID-19 pandemic will reduce global GDP by 5 percent below a no-virus baseline in 2020 and 2021
Private indebtedness: the impacts on private indebtedness suggest that the subsequent recovery will be slow – while pre-crisis growth rates ar…
Recessions are almost impossible to predict, despite what some economic forecasters might tell you. The current recession has unpredictability in spades – it has come out of a clear blue sky.
In January this year, the IMF was confidently predicting that world GDP would increas…
Governments are trying to mitigate the threat posed by the Coronavirus pandemic to economic well-being.
This blog by Richard Lewney sets out the principal channels of impact and the issues that need to be addressed in designing mitigation measures.
It follows Coronavirus:…
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