Timiebi is an assistant professor of Space and Society, in the School for the Future of Innovation in Society with a courtesy appointment at the Sandra Day O’Connor College of Law at Arizona State University, USA. Timiebi was a post-doctoral fellow and fellow at the Centre for International Governance Innovation (CIGI) based in Waterloo, Ontario Canada where she focused on environmental governance.
Timiebi was Executive Director of the World Space Week Association coordinating the global response to the UN 1999 declaration that World Space Week should be celebrated Oct 4-10 annually. She is currently on the Advisory Board for the Space Generation Advisory Council supporting the UN Programme on Space Applications. She is also on the Advisory Board of World View Enterprises.
Barry Eichengreen May 11, 2021 11:35
Productivity growth changes everything. In advanced economies with a slowly growing labor force and already-large capital stock, it typically accounts for the majority of output growth.
This means that boosting productivity is the most direct and immediate way to improve economic performance. For example, were annual growth in total factor productivity in the United States to rise to 2%, from the 0.5% experienced in the five years before COVID-19, the GDP growth rate would double from the 1.5% forecast by the International Monetary Fund for 2023-26.
Such rapid productivity growth is not unprecedented. It would almost exactly match that of the US business sector between 1996 and 2004, the so-called New Economy years when innovative digital processes were adopted in wholesaling, retailing, and finance.
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The possible revival of trade talks between the European Union and India could be a positive signal for Canada, which, like Europe, has struggled to convince Asia’s third-biggest economy to embrace freer trade.
Various news outlets reported this week that officials from the EU and India were getting close to announcing the resumption of trade talks that have been on ice since 2013. An agreement between the two would be a major development, as it would unite the world’s richest economic bloc with a country that is on track to leapfrog China as the most populous nation on the planet before the end of the decade.
TORONTO The Canadian government is considering whether or not to lend its support to a World Trade Organizationâs (WTO) proposal to waive intellectual property (IP) rights and patents on COVID-19 vaccines, as pressure mounts to follow the example set by the U.S. Dozens of Canadian MPs across all parties have signed a letter to Prime Minister Justin Trudeau asking him to âeliminate all potential barriers to the timely access of affordable COVID-19 medical products, including vaccines and medicines, and scale up the manufacturing and supply of essential medical products.â On Friday, Minister of Small Business, Export and International Trade Mary Ng said in a statement that âCanada is ready to discuss proposals on a waiver for intellectual property protectionâ¦we understand that the pandemic isnât over anywhere until it is over everywhere.â
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HESE ARE anxious days for Kyriakos Mitsotakis, the Greek prime minister. The country is due to welcome tourists from around 35 countries from May 15th, but hotel bookings are looking thin and covid-19 lingers. Unless tourism recovers, the economy will shrink for a second year.
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There is some good news, though. On April 23rd
S&
P, a rating agency, upgraded the country’s sovereign rating to
BB. (That is still below investment grade, which officials expect to reach next year.) The agency also upgraded the country’s four big banks, though all remain in junk territory because of high levels of non-performing loans. These came to about 33% of the banking sector’s loan book, before provisions the legacy of the debt crisis of 2010-18.