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1 – 3 of 3The economic effects were immediate: a sharp outflow of portfolio capital, which generated exchange rate devaluation of 27.3% in three months; a contraction in GDP, driven down by…
Europe and the United States may slip back into recession in the northern hemisphere winter. If vaccination succeeds, the advanced economies will recover robustly from mid-2021…
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DOI: 10.1108/OXAN-DB257862
ISSN: 2633-304X
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However, in 2021 they will all face two common challenges: recovering from major economic shocks in 2020 and reorienting to US policy shifts under a Biden presidency. From…