After a year of pandemic, one of the last topics I want to think seriously about is a future of pandemics.
President Biden has announced the American Jobs Plan, which is summed up in the headlines as a $2 trillion investment program in infrastructure and green energy plan.
In a common market, labor costs will look fairly similar across areas.
The 2021 World Development Report one of the annual flagship reports of the World Bank, is focused on the theme of "Data for Better Lives" (released in March 2021).
Looking at the long-term budget projections from the Congressional Budget Office, which are based on current legislation, a key problem is that interest payments on past borrowing start climbing higher and higher--and as those have over-borrowed on their credit cards know all too well, once you are on that interest rate treadmill it's hard to get off.
If we looked at the investment banking outlook reports for 2021, one of the main consensus themes was a strong conviction on a rapid and robust eurozone recovery. They were wrong.
In US-based conversations about China-US trade, it sometimes seems to me that the working assumption is that China's economy is heavily dependent on trade with the United States--which in turn would give the US government strong leverage in trade disputes. How true is that assumption?