Inspired by the 2023 Davos Forum

Global Economy

Various factors have impacted global economy such as increased globalization, digital transformation, demographic shifts, environmental sustainability, and political and economic uncertainty. These trends have led to significant changes in the way businesses and individuals interact with the global economy.

Top news of the week: 06.03.2023.

Economics
United States
Interest rate
European Central Bank
Wage
Poverty

@davidmwessel shared
On Mar 2, 2023
RT @PIIE: MARCH 9: Michael Barr, @federalreserve vice chair for supervision, joins us to provide remarks on cryptocurrencies, followed by a discussion with @AGelpern. Tune in at 10 AM ET to watch live: https://t.co/6FenZrn43M https://t.co/kgeqYiwTxW
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Fed Vice Chair Michael S. Barr on cryptocurrencies

Fed Vice Chair Michael S. Barr on cryptocurrencies

Michael S. Barr, vice chair for supervision, Board of Governors of the Federal Reserve System, will provide remarks on cryptocurrencies at an event hosted by the Peterson Institute for ...

@CeylaP_IMF shared
On Mar 2, 2023
RT @GitaGopinath: Inflation risks from running the economy hot may be much greater than we previously thought. See my piece, alongside several others, in the latest exciting issue of F&D, on monetary policy. https://t.co/EvdU5pGuvr https://t.co/h1gZfzAHZY
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Crisis and Monetary Policy

Crisis and Monetary Policy

The pandemic and war have bred new challenges for global central banks in coming years

@MarkLJWright shared
On Mar 3, 2023
RT @Brad_Setser: A new blog on what is now a real financial problem -- Net financial flows to low and low middle income (the "frontier" markets) have reversed. New inflows don't cover amortizations, and interest payments have soared. https://t.co/ViRV8cYCBA https://t.co/k8RFyAZAPa
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The World Bank Stepped Up During the Pandemic

The World Bank Stepped Up During the Pandemic

The World Bank (and the IMF) should get credit for increasingly their lending to the world's poorest countries during the pandemic. But without additional action now net flows to developing ...

@lindayueh shared
On Mar 4, 2023
Over the course of 2022 these expectations became less well anchored around the ECB’s 2% inflation target. https://t.co/aH7Q4psQql
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Recent changes in consumers’ medium-term inflation expectations: A detailed look

Recent changes in consumers’ medium-term inflation expectations: A detailed look

Central banks typically pay considerable attention to inflation expectations. This column exploits the richness and flexible design of the ECB’s Consumer Expectations Survey to explore ...

@Lagarde shared
On Mar 5, 2023
While in Spain I talked to @Vocento about the country’s economic outlook and banking sector, as well as our monetary policy. We are making progress, but we still have work to do in the fight against inflation. We cannot declare victory yet. https://t.co/h2aZtKhqzv https://t.co/mL37sk5iE6
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Interview with Grupo Vocento

Interview with Grupo Vocento

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so ...

@DianeCoyle1859 shared
On Mar 2, 2023
RT @BaldwinRE: History matters: The ideas of Paul David, 1935-2023 an intellectual obit @voxeu • https://t.co/SNhqeyCM1Y @cepr_org https://t.co/Kn1RXWrW1d
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History matters: The ideas of Paul David, 1935-2023

History matters: The ideas of Paul David, 1935-2023

Paul David, who passed away in January 2023, was a major figure in redefining economic history; an early practitioner of cliometrics – exploring historical economies through rigorously ...

@BrookingsInst shared
On Mar 5, 2023
The 2021 expansion of the Child Tax Credit (CTC) led to a historic reduction in poverty, particularly for children. New research from @bl_hardy, Sophie Collyer, and Christopher Wimer examines the CTC’s impact throughout the United States. https://t.co/hS2wJfhFzy
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The antipoverty effects of the expanded Child Tax Credit across states: Where were the historic reductions felt?

The antipoverty effects of the expanded Child Tax Credit across states: Where were the historic reductions felt?

The 2021 expansion of the Child Tax Credit led to a historic reduction in poverty in the United States. This essay investigates how the CTC affected child poverty in states and finds that ...

@BrookingsInst shared
On Mar 1, 2023
How did the COVID-19 pandemic affect inclusive growth across America’s metropolitan areas? @joeparilla and @GlencoraH share takeaways from the Metro Monitor dataset: https://t.co/j1aq64qAsi
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Metro Monitor 2023: Examining pandemic-era patterns of inclusive growth across the U.S.

Metro Monitor 2023: Examining pandemic-era patterns of inclusive growth across the U.S.

Since the onset of the COVID-19 pandemic, the United States has gone through an acute recession in 2020, a rapid jobs recovery in 2021, and high and sustained inflation in 2022.  To measure ...