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Begin New Search Topic Economic Recovery Publication Year within 10 Years

11. Rethinking EU economic governance: The European Semester

Author:
Frederico Mollet
Publication Date:
12-2021
Content Type:
Policy Brief
Institution:
European Policy Centre (EPC)
Abstract:
In the debates over the future of the EU’s economic governance, the reform of the Stability and Growth Pact (SGP) usually takes centre stage. But the European Semester – the framework governing economic policy coordination and country surveillance – is also critical. Reforming and strengthening it is vital given the multiple challenges the EU faces, from the twin green and digital transitions to implementing the Recovery and Resilience Facility (RRF) and tackling the macroeconomic and structural scars left by COVID-19. This Policy Brief, the second in a series of EPC papers that reassess the EU's economic governance policies, sets out proposals for reforming the European Semester across three strands: (i) integrating the RRF into the Semester; (ii) drawing on the positive lessons of the RRF process; and (iii) improving the effectiveness of cross-cutting policy coordination and the Macroeconomic Imbalances Procedure (MIP).
Topic:
Governance, European Union, Economy, COVID-19, and Economic Recovery
Political Geography:
Europe

12. The Long Road to African Tourism Recovery

Author:
Helmo Preuss
Publication Date:
08-2021
Content Type:
Journal Article
Journal:
Cairo Review of Global Affairs
Institution:
School of Global Affairs and Public Policy, American University in Cairo
Abstract:
The Covid-19 pandemic wreaked havoc on the tourism industry in 2020, but this year a slow vaccine rollout and new variants means it will take a while to recover to pre-pandemic levels.
Topic:
Science and Technology, Tourism, Public Health, Vaccine, Pandemic, COVID-19, and Economic Recovery
Political Geography:
Africa

13. An Uneven Global Rebound Will Challenge Emerging-Market and Developing Economies

Author:
Maurice Obstfeld
Publication Date:
10-2021
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
As the US economy rebounds amid elevated inflationary pressures and Europe grows at a rapid clip, an uneven global rebound looms. Although emerging-market and developing economies (EMDEs) generally retain good access to global capital markets for now, their relatively slow pace of COVID-19 vaccination will continue to hamper their economic recoveries and strain their public finances—already stretched owing to the fiscal pressures of the pandemic over the past year and a half. Higher interest rates in the rich countries, particularly the United States, could tip EMDEs into liquidity and even solvency crises. The likelihood of crises is higher if advanced-economy central banks move abruptly, surprising markets. Global policymakers should prepare now by enhancing mechanisms for providing liquidity to EMDEs and, in cases of insolvency, for restructuring their sovereign debts. Perhaps even more important, the scope for uneven recovery can be limited if rich countries make an all-out effort to deliver vaccines globally and enhance less prosperous countries’ infrastructures for getting shots into arms.
Topic:
Emerging Markets, Inflation, Economic Development, COVID-19, and Economic Recovery
Political Geography:
Global Focus and United States of America

14. "Next Generation EU" Cities: Local Communities in a Post-Pandemic Future

Author:
Anna Lisa Boni and Tobia Zevi
Publication Date:
12-2021
Content Type:
Special Report
Institution:
Italian Institute for International Political Studies (ISPI)
Abstract:
As the world enters a new year, the Covid-19 pandemic is still upsetting our daily lives. And as 75% of EU citizens live in urban areas, cities are the most prominent stage both for responding to the health crisis, and for seizing opportunities to recover and move forward. Meanwhile, in 2020, EU countries agreed to Next Generation EU, a €750 billion recovery package that represents a once-in-a-generation opportunity. This report, produced in collaboration between ISPI and Eurocities, argues that cities should be given more say over how post-pandemic national recovery plans pan out between here and 2026, when all projects are supposed to be wrapping up. Indeed, the success of the EU recovery plans will hinge upon what cities do, or they don’t do over the next five years. How are cities rethinking their role within the “twin” green and digital transitions? How can they achieve gender parity, reduce inequalities, and preserve a vibrant cultural life?
Topic:
European Union, Cities, COVID-19, Health Crisis, and Economic Recovery
Political Geography:
Europe

15. China After Covid-19: Economic Revival and Challenges to the World

Author:
Alessia Amighini
Publication Date:
06-2021
Content Type:
Special Report
Institution:
Italian Institute for International Political Studies (ISPI)
Abstract:
The coronavirus pandemic that has rocked China since December 2019 has posed a gruelling test for the resilience of the country’s national economy. Now, as China emerges from its Covid-induced "recession", it feels like the worst is behind it. How did China manage to come out almost unscathed from the worst crisis in over a century? This Report examines how China designed and implemented its post-Covid recovery strategy, focussing on both the internal and external challenges the country had to face over the short- and medium-run. The book offers a comprehensive argument suggesting that, despite China having lost economic and political capital during the crisis, Beijing seems to have been strengthened by the “pandemic test”, thus becoming an even more challenging “partner, competitor and rival” for Western countries.
Topic:
Economy, Strategic Competition, COVID-19, and Economic Recovery
Political Geography:
China and Asia

16. How Is the Asian Economy Recovering from the COVID-19 Pandemic? Evidence from the Emissions of Air Pollutants

Author:
Kazunobu Hayakawa
Publication Date:
03-2021
Content Type:
Research Paper
Institution:
Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:
This study empirically examines how economic and social activities in Asia were affected by the COVID-19 pandemic by using the emissions amounts of various air pollutants to represent those activities. Review of the emissions data suggests that from 2019 to 2020, the amount of emitted air pollutants decreased in most subnational regions in Asia. Data also show how economic and social activities have restarted in some regions; regression analyses are used to uncover the regions that restarted early. Regional characteristics are identified by employing a remotely sensed land cover dataset (i.e. ESALC) and OpenStreetMap. Results reveal that for Association of Southeast Asian Nations (ASEAN) members, economic and social activities in cropland, industrial estates, accommodations, restaurants, education, and public services still have not returned to normal.
Topic:
Environment, Economy, Pandemic, COVID-19, Air Pollution, and Economic Recovery
Political Geography:
Asia and Southeast Asia

17. China's Ties with Southeast Asia : From Green Shoots to Sustained Recovery

Author:
Kensuke Tanaka
Publication Date:
01-2021
Content Type:
Policy Brief
Institution:
Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:
China's rebound happened relatively quickly owing to a large extent to timely macroeconomic policy responses to the crisis. Lagging somewhat behind China, most Southeast Asian countries have now entered the transition from recession to recovery. Some export-dependent Southeast Asian countries shifted their export destination to China to benefit from its early recovery. This switch of export destination to China illustrates China's important role in leading the recovery of the region. Enhancing regional macroeconomic co-operation would help reduce vulnerability of the region and ensure a sustained recovery. Regional macroeconomic co-operation remains at an early stage in Southeast Asia, but possibilities for further co-operation should be explored.
Topic:
Development, Economics, International Cooperation, International Trade and Finance, and Economic Recovery
Political Geography:
China, Asia, and Southeast Asia

18. EU Employment Dynamics: The Pandemic Years and Beyond

Author:
Stefan Jestl and Robert Stehrer
Publication Date:
11-2021
Content Type:
Special Report
Institution:
The Vienna Institute for International Economic Studies (WIIW)
Abstract:
The economic shock induced by the pandemic has plunged European economies into a recession. Lockdowns and social distancing measures have affected economic life in a substantial way, with industries and population groups facing varying difficulties. This study explores potential future employment dynamics across European industries and employment groups for the period up to 2026 by drawing on past sectoral trends and the latest macroeconomic forecast results from the International Monetary Fund (IMF) and the European Commission. A scenario analysis is also carried out, taking into account the great uncertainty and risks that are related to the baseline forecasts.
Topic:
Labor Issues, European Union, Employment, COVID-19, and Economic Recovery
Political Geography:
Europe

19. Democratization, Poverty Reduction and Risk Mitigation in Fragile and Post-Conflict States

Author:
Jamal Saghir and Ede Jorge Ijjasz-Vasquez
Publication Date:
01-2021
Content Type:
Policy Brief
Institution:
Institute for the Study of International Development, McGill University (ISID)
Abstract:
The COVID-19 pandemic has caused the most severe recession in recent decades, with a cumulative loss to global GDP of around $9 trillion. Climate disasters continue to affect the most vulnerable populations and countries, affecting more than 50 million people in 2020. Investments in climate adaptation and resilience have been insufficient in recent years. Global investments only reached $30 billion in 2017-2018, against estimated needs in developing countries between $140 and $300 billion per year by 2030. As governments worldwide design and begin implementing post-pandemic economic recovery programs, investments in adaptation and resilience provide a unique opportunity to generate jobs, restart economic growth, and tackle the inequities made more acute by the pandemic. We discuss practical policy and program options to achieve these multiple objectives.
Topic:
Climate Change, Science and Technology, Infrastructure, Investment, Resilience, COVID-19, and Economic Recovery
Political Geography:
Global Focus

20. Not For Patching? Public Opinion and the Commitment to ‘Build Back Better’

Author:
Karl Pike, Farah Hussain, Philip Cowley, and Patrick Diamond
Publication Date:
05-2021
Content Type:
Special Report
Institution:
Mile End Institute, Queen Mary University of London
Abstract:
This project, led by MEI Deputy Director Dr Karl Pike, examines the views of the British public on what rebuilding after the pandemic might mean. It offers some preliminary indications of what policy areas the public want to prioritise, and how the machinery of government has managed and performed during this crisis.
Topic:
Public Opinion, Crisis Management, Public Policy, Survey, COVID-19, and Economic Recovery
Political Geography:
Britain, United Kingdom, and Europe