Recently, the Lowy Institute, an Australian think tank, published a ranked comparison of the average performance over time of countries in managing the COVID-19 pandemic in the 36 weeks following th…
COVID-19 outbreak and beyond: the information content of registered short-time workers for GDP now- and forecastingThe number of short-time workers from January to April 2020 is used to now- and forecast quarterly GDP growth. We purge the monthly log level series from the systematic component...
In a growing economy, each quarterly GDP will be slightly bigger than the quarter before, a sign that people are doing more work and getting (on average) a little bit richer. 在一个增长的经济体内,每个季度的GDP都会高于上个季度,这意味着人民做了更多的工作,会变得更加富裕一点。 Most economists...
COVID pandemic. Malta is the country which is forecasted to grow the most in 2025, with an annual growth rate of 4.3 percent. Many of Europe's largest economies, on the other hand, are set to experiencing slow growth or stagnation, with Germany, France, and Italy growing below two ...
The United Kingdom's economy grew by 0.1 percent in 2023, after a growth rate of 4.3 percent in 2022. 8.7 percent in 2021, and a record 10.4 percent decline in 2020. During the provided time period, the biggest annual fall in gross domestic product before 2020 occurred in 2009, when th...
Professor Justin Yifu Lin, former World Bank chief economist and honorary dean of the National School of Development, Peking University, talks about the effectiveness of China's COVID-19 prevention measures and China's GDP potential while answering a CGTN reporter's question during...
The number of short-time workers from January to April 2020 is used to now- and forecast quarterly GDP growth. We purge the monthly log level series from the systematic component to extract unexpected changes or shocks to log short-time workers. These monthly shocks are included in a univariat...
But the premier acknowledged that matching that same growth target that the leadership had set a year earlier—when the country was buoyed by optimism after the lifting of three years of Covid-era restrictions—would be an uphill climb.
COVID-19 has been a massive health and economic disaster for the world (Hensher 2020; Shiferaw 2021). Ethiopia, Africa’s second-most populous country and one with a rapidly expanding economy before the outbreak, was hit hard by the pandemic, as were many other African countries. Further...
implications of higher prices and inflation. In respond to COVID-19, the government issued unprecedented monetary and fiscal stimulus to encourage economic activity. As a result, inflation hit 9.1% in June 2022.4As a result, nominal GDP has grown at a much faster clip post-COVID than before....