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Date Time Countries Marked by Inequality Less Likely to Contain Coronavirus Pandemic, New Analysis Concludes Income inequality within countries correlates with higher COVID-19 infections rates in those nations, shows a new study by the Center on International Cooperation. “Inequality Wedge” Within Nations Reveals Shortcomings in Containing Infections Income inequality within countries correlates with higher COVID-19 infections rates in those nations, finds an analysis by New York University’s Center on International Cooperation (CIC). The newly released paper, “Inequality, Lockdown, ...

GDP growth in the fourth quarter of 2020 remained surprisingly strong despite a second wave of the coronavirus. Eurozone GDP fell by just -0.7%, while Germany, Belgium and Spain even posted positive growth rates. The smaller drop in GDP compared to the first wave is related to a variety of factors. The rest of the world was more open in the secon

Inside Bloomberg’s Covid Resilience Ranking By January 25, 2021 (Bloomberg) -- Everyone is fighting the same coronavirus, but about a year into the pandemic, quality of life and control of the pathogen’s spread look vastly different across the world. Bloomberg’s Covid Resilience Ranking scores the largest 53 economies on their success at containing the virus with the least amount of social and economic disruption. We considered many datasets, indicators and indexes produced by organizations around the globe and applied three fundamental criteria in whittling the list down to th...

It’s certainly been a year like no other and, although there is light at the end of the tunnel, with the rollout of vaccines gaining momentum, there is still some way to go before forecasts about an economic rebound can be made with any certainty.  As such, the alphabet soup of possible recoveries is notably absent from most 2021 outlooks published so far. Instead, themes include the OECD’s “Turning Hope into Reality” December 2020 Economic Outlook and UBS’s “A Year of Renewal”, with annual predictions of growth rates of between 4% and 5% for the global economy, but a wide rang...

Taking stock of a shocking 2020 and a much-needed 2021 economic revival © Copyright (c) Daily Maverick , All Rights Reserved It’s certainly been a year like no other and, although there is light at the end of the tunnel, with the rollout of vaccines gaining momentum, there is still some way to go before forecasts about an economic rebound can be made with any certainty.  As such, the alphabet soup of possible recoveries is notably absent from most 2021 outlooks published so far. Instead, themes include the OECD’s “Turning Hope into Reality” December 2020 Economic Outlook and UBS’...