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Ryan Hass | East Asia Forum

Ryan Hass | East Asia Forum
eastasiaforum.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastasiaforum.org Daily Mail and Mail on Sunday newspapers.

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Yan Liang | East Asia Forum

Yan Liang | East Asia Forum
eastasiaforum.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastasiaforum.org Daily Mail and Mail on Sunday newspapers.

China , Hong-kong , Beijing , Yan-liang , Shaanxi , United-states , Chinese , Katherine-tai , Joe-biden , Willamette-university , President-xi-jinping , Representative-katherine-tai

What ancient Chinese wisdom can tell us about bad bosses – and their effect on workers' productivity


Managers have an important part to play in fostering employee engagement in workplaces. Photo: Xinhua
Opinion
Hsiao Chink Tang
What ancient Chinese wisdom can tell us about bad bosses – and their effect on workers’ productivity
Economists worry about low productivity because of its effect on financial and social stability, something that may have worsened during the pandemic
While there are numerous contributing factors, not enough attention is paid to the effect bad managers have on workers’ engagement

China , Regional-knowledge-sharing-initiative , Asian-development-bank , Chink-tang , Knowledge-sharing-initiative , China-economy , Low-productivity , Gallup , Employee-engagement , Coronavirus-economic-impact , Hsiao-chink-tang

China's truck drivers still have a long road to post-coronavirus recovery

Hit by months of travel restrictions and business closures, China’s army of long-distance truck drivers are still finding their feet after last year’s coronavirus shock.

Bloomberg , China-economy , China-society , Coronavirus-economic-impact , ப்ளூம்பெர்க் , சீனா-பொருளாதாரம் , சீனா-சமூகம் ,

Economic outlook: COVID-19 recession is nearly over, Wall Street says


Wall Street strategists are increasingly optimistic that the pandemic is in its final phase.
JPMorgan said in February the crisis will "effectively end" in 40 to 70 days.
The "recession is effectively over," Morgan Stanley said Sunday.
One year after the S&P 500 tumbled nearly 8% on COVID-19 fears, experts on Wall Street see the US bearing down on the finish line of the pandemic.
Declining case counts, vaccine rollouts, and expectations for new stimulus have lifted spirits in recent weeks. Economists have upgraded growth forecasts and investors continue to shift cash from defensive investments to riskier assets more likely to outperform during a rebound. Major banks' strategists are taking it one step further.

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Closing gender gaps in pay and hiring can boost US GDP, Moody's says


Sarah L. Voisin/The Washington Post/Getty Images
Failure to close gender gaps in the US dampens growth and hurts recovery, Moody's said Monday.
The pandemic erased years of progress for prime working-age women participating in the labor force.
Closing the labor-participation gap between men and women can lift GDP by 5%, according to the IMF.
Closing gender gaps in the US labor market can accelerate the economic recovery and provide a lasting boost to overall output, Moody's Investors Service said Monday.
Gender disparities are nothing new to the US economy. Women earned less than men on average before the pandemic, and, during it, a lack of family-leave benefits forced many women out of the labor force as they assumed caretaking roles.

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Europe risks losing 15 million jobs without new economic support: IMF

A mix of public- and private-sector support totaling 2% to 3% of GDP would best counteract the equity pressures facing businesses, the IMF said

Denmark , United-kingdom , Laura-papi , Alfred-kammer , International-monetary-fund , European-central-bank , European-department , Economy , Imf , Labor-market , European-union , Eu-economy

Biden Removes Trump-Era Block on Issuing Green Cards

Reopening the country to people seeking legal permanent residence, Biden said that the policy of former President Donald Trump harms the United States.

China , United-states , India , Washington , America , Donald-trump , Joe-biden , President-joe-biden , Permanent-resident-card , President-donald-trump , Fiscal-year , Visa-lottery

Biden stimulus won't spark dangerous inflation, Wall Street firms say


Republicans argue Biden's stimulus plan will fuel runaway inflation. Wall Street isn't so concerned.
Economists at major banks see new aid only modestly lifting inflation while aiding the US recovery.
Here's how UBS, BofA, Goldman Sachs, and Deutsche Bank see stimulus affecting inflation in 2021 and beyond.
The debate around passing President Joe Biden's $1.9 trillion aid proposal is a simple one.
Democrats argue the hole in the economy is so big that it warrants spending nearly $2 trillion, on top of the $3 trillion spent last March and the $900 billion spent late in Trump's term. Republicans point to all the relief the government has already provided, and say the economy can recover with a much smaller boost. If you overdo it, they say, spending so much could take inflation to worrisome levels.

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