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S&P economist forecasts 1.4% growth for Korea in 2023

Koreas economy in 2023 is forecast to grow by 1.4 percent, down from the countrys estimated growth of 2.7 percent in 2022, in the midst of a prolonged global economic slowdown that will affect trade-reliant economies in Asia, a senior economist at S&P Global Ratings said Wednesday. S&Ps 2023 growth outlook for Korea is lower than forecasts from other entities in and outside Korea, such as 1.7 percent by the Bank of Korea (BOK), 1.8 percent by the OECD, 1.9 percent by Fitch and 2 percent by Moody...
Soult Ukpyolsi South Korea Sri Lanka Louis Kujis International Monetary Fund Investors Service

Central banks, climate change, and economic efficiency | VOX, CEPR Policy Portal

Market imperfections strongly influence the volume of greenhouse gas emissions, which is a key driver of climate change. While governments should lead climate policies in the first place, a broad coalition of actors across society, including central banks, needs to contribute to transition to a carbon-neutral economy in a timely and orderly fashion. The ECB’s mandate states
France General New York United States United Kingdom Provence Alpes Côd Azur Peterson Institute For International Economics Working Paper
Source: voxeu.org

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COST backs South African research community

On 25 to 29 October 2021, the Southern African Research & Innovation Management Association Leadership in Research & Innovation Management, SARIMA, organised its annual conference virtually. SARIMA is an organisation that brings together researchers and innovators and provides opportunities for research and innovation (R&I) management professionals from southern Africa and beyond, to connect, engage, network, and share best practices.
South Africa South African Department Of Science Science Forum Of South Africa Southern African Research Innovation Management Association Leadership

How natural disasters reshape supply chains | VOX, CEPR Policy Portal

The immediate consequences of natural disasters for global value chains are well-documented, but little is known about the longer term. This column examines the long-term impact of the 2011 earthquake in Japan on auto and electronics supply chains using data on imports of Japanese products worldwide. Imports shifted to new suppliers, especially in products where dependence on
United States Japan General Bruxelles Capitale World Bank Group Congressional Research Service World Bank Development Indicators
Source: voxeu.org

Financial integration and structure in EMU during the corona crisis

The coronavirus health crisis also had a strong impact on financial systems. This column discusses its effects on euro area financial integration and financial structure. It illustrates how decisive monetary, fiscal and prudential policy responses first contained and then reversed the initial sharp fragmentation in asset prices across member countries. Overall cross-border
Frankfurt Am Main Bruxelles Capitale Ms Martinez Peria Spezielle Kurzanalysen European Council Pandemic Emergency Purchase Programme
Source: voxeu.org

Central banks in a shifting world: Takeaways from the ECB's Sintra Forum

Philipp Hartmann, Glenn Schepens 12 May 2021 The 2020 ECB Forum on Central Banking addressed some key issues from the ongoing monetary policy strategy review and embedded them in discussions of major structural changes in advanced economies and the post-COVID recovery. In this column, two of the organisers highlight some of the main points from the papers and debates, including whether globalisation is reversing, implications of climate change, options for formulating the ECBs inflation ...
Frankfurt Am Main United States World Bank District Of Columbia Volker Wieland Annette Vissing Jorgensen
Source: voxeu.org

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