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Travel coordination failure may spur Europe depression

Location:

EU

Travel and tourism supports 22 million jobs in the EU and accounts for almost 10% of GDP. Its importance is greater still for the economies of Southern Europe, already vulnerable…

Southern Europe faces long recovery after COVID-19

Location:

EU

The pre-pandemic state of many southern economies, embodied by high levels of debt and low growth potential, will make it more difficult for these countries to offset the…

Pandemic has worsened several US societal problems

Location:

UNITED STATES

While the pandemic has both amplified and illuminated areas of racial, gender and economic inequality, it has also overshadowed a range of worsening societal problems that had…

The entwining of tariffs and US politics will continue

Location:

UNITED STATES

With trade policy, particularly towards China, likely to have an unusually high-profile role in this year’s presidential election, there is a growing awareness of the extent to…

Inadequate policies will deepen Mexico COVID-19 blow

Location:

MEXICO

A lack of testing may have led to an underestimation of infections, but with a population of 130 million, Mexico appears relatively unscathed by the pandemic so far. The virus…

COVID-19 is likely to force austerity in Canada

Location:

CANADA

The report projects that the federal government’s deficit will rise tenfold to CAD343.2bn (USD255.1bn) in 2020-21. This vast increase raises the question of what exit strategies…

Uncertainties over COVID-19 impacts fuel market fears

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INTERNATIONAL

Financial market reactions to the pandemic

Prospects for the global economy to end-2020

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PROSPECTS 2020 H2

COVID-19 dominates the scenarios for the next six months, which range from a swift sharp recovery to another dramatic fall in activity. Policy responses, financial markets…

Air travel will rebound by 2023 amid structural shifts

Location:

INTERNATIONAL

While consumers are regaining confidence, demand for international air travel is stagnant as most countries have border control measures in place. The relaunch of commercial…

The great GDP contraction may herald huge crowding out

Location:

INTERNATIONAL

Economic stimulus schemes and gaps.