The macroeconomic shock to the world economy from the COVID-19 pandemic is arguably unprecedented in modern times. The financial response by governments of the major economies has been substantial. The Center for Strategic and International Studies estimates that the G20 …
Read More »Impending poverty tsunami
COVID-19 has turned all economies upside down leaving the most vulnerable people in the lurch. Coronavirus pandemic is fast amplifying poverty in the developed and the developing countries alike. All hell has broken loose in particular for the families which …
Read More »Pakistan under IMF supervision: prospects of revival of economy
As hopes are building for easing of lockdown, which should not continue for indefinite period, it is necessary to evaluate the prevailing situation and come up with our own homegrown plan. One of the positive points is, this time International …
Read More »Covid-19 Could Push Half A Billion People Into Poverty
Charity group Oxfam has warned that a recession caused by Covid-19 could push an extra half a billion people into poverty – 8 percent of the world’s population – unless urgent action is taken. Conducted by King’s College London and the Australian …
Read More »The U.S.-China Trade War: A Brief Recap
Yesterday President Trump announced an additional 10 percent tariff on $300 billion in Chinese goods, which will be put in place on September 1st. Over the past three months, the world’s two largest economies were pursuing trade talks to come …
Read More »There is huge talent in the world’s refugee camps. We must realize this overlooked potential
Forced migration is the political hot potato of our time. With new global records of displaced people set every year, foreign aid falling and an expected surge of climate refugees on the horizon, we will all be affected by forced migration in the years to come. …
Read More »G20: US-China trade war points to the real crisis that global leaders must confront
On June 28 and 29, the G20 summit will convene for the 14th time in Osaka, Japan. This gathering of leaders from the world’s leading economies, including the EU, plus invited guests and international organisations, ought to offer an important …
Read More »G20 will be about Donald Trump and his tariffs – but China will dominate the new world order
Tensions loom over Argentina, which plays host to the 2018 summit of the G20 starting on November 30. The G20 is an international forum of the EU and the heads of state of 19 major economies, which discusses global economic …
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