Despite an endless chain of monetary and fiscal stimuli, the Eurozone consistently disappoints in growth and job creation.
The pandemic has pushed all of us into Zoom World: that is, a world where many more of our interpersonal connections, both work and personal, happen online.
The McKinsey Global Institute has published “The economic state of Black America: What is and what could be” (June 2021). Near the beginning, the report points out:
· Talk of a new commodity super-cycle may be premature · Once GDP growth returns to trend, commodity demand will moderate · Fiscal and monetary relief are key to maintaining growth and demand · Structural changes in energy demand will prove more persistent
Christina Pazzanese interviews 87 year-old Amartya Sen (Nobel '98) for the Harvard Gazette (June 3, 2021), wich an amphasis on the long arc of his life and career (‘I’ve never done work that I was not interested in. That is a very good reason to go on.' June 3, 2021).
We know that the pandemic caused people and firms to make much more widespread use of digital technologies: working from home, ordering on-line, tele-medicine, education from K-12 to college delivered on-line, and so on.
Historically, meetings of the largest economies in the world have been essential to reach essential agreements that would incentivise prosperity and growth.