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New Zealand's 2016 budget will boost fiscal resilience

Location:

NEW ZEALAND

This marks the eighth annual budget since Prime Minster John Key's National Party-led government took office in November 2008. New Zealand's fiscal position has strengthened…

US recovery of GDP and jobs will vary widely by region

Location:

UNITED STATES

COVID-19 has affected all 50 states unevenly, so the starting points for recovery vary. Twenty-one states have this month recorded their highest 7-day average of new cases, many…

Romania aims to contain pandemic for December election

Location:

ROMANIA

During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…

UK economy should recover fully by end of 2021

Location:

UNITED KINGDOM

The revised forecast reflects the economy’s resilience to the re-imposition of COVID-19 restrictions during January and April this year. The UK economy is expected to return to…

Prospects for the global economy in H2 2023

Location:

PROSPECTS H2 2023

Labour and housing markets are slowing very gradually, but the strength of services is preventing a faster fall in headline inflation. The pass-through effects of interest-rate…

COVID-19 and protests will shake up US cities

Location:

UNITED STATES

These factors are stoking the urban civil unrest that has flared across the country in the last fortnight. What had seemed a practical matter of managing COVID-19 and…

Prospects for the global economy to end-2020

Location:

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…

Low euro-area growth supports case for ECB action

Location:

EURO-AREA

This is the same pace as in the third quarter, marking the eleventh consecutive quarter of expansion. For January-December, growth accelerated to 1.5% from 0.9% in 2014, in line…

COVID-19 may hit less resilient EU eastern areas more

Location:

EU

At least in the EU’s eleven eastern member states (EU-11), there has been significant if slow progress in lifting standards of living across the board in the past decade…

Global cities could power economic growth

Location:

INTERNATIONAL

The role of cities in global economic growth.