The COVID-19 pandemic is the product of a globalized, interconnected world. Without new mechanisms that offer truly global approaches to crisis management and prevention, the experience of the past 18 months is likely to be repeated, with profound consequences for international security. Read More Here
Amid persistent concerns about the impact of Delta and newer variants of the coronavirus, supply-side constraints are tightening and rising inflation is becoming a significant restraint on policy support that could keep growth on track. Read More Here
Europe has met the COVID-19 pandemic with audacity and imagination and is enjoying a strong but bumpy economic recovery. It now faces two policy challenges: controlling inflation and dialling back fiscal support. Read More Here
International merchandise trade is booming. Exports of many countries are growing at double digit rates and global trade has already surpassed the pre-pandemic levels of 2019. However, the global trade recovery hides an important asymmetry: small economies and the poorest countries are falling behind. Their recovery is not yet in sight. Read More Here
Federal Reserve officials have indicated they expect to soon slow the asset purchases they have been using to support the U.S. economy and predicted they might raise interest rates next year. Read More Here
The United States … is locked down even more tightly than it was when the Trump administration first put travel restrictions in place at the start of the outbreak. Against all common sense, fully vaccinated travellers from many countries with much lower case rates than the United States remain blocked. Read More Here
A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy. Read More Here
The Chinese economy continued to lose steam in July as key economic data for the start of the third quarter fell short of expectations, although not all economists have leapt to trim their full-year growth forecasts, with some saying there is still room for further monetary easing. Read More Here
The ongoing pandemic and global climate-related disasters demonstrate the inadequacy of efforts to address the problematic aspects of globalisation. Read More Here
Beijing sees vaccine diplomacy as a crucial means with which to convince other countries of its goodwill and friendship. It wants to seize the moral high ground to claim that it is superior to the West. Read More Here
looking beyond borders 