This short piece discusses the results of simple regression analysis using cross country data to determine the factors that have influenced fluctuations in real output during the covid-19 pandemic period. Focus is on explaining not only output growth from 2020 to the first half of 2021, but also...

In the present paper, our main objective is to bring to the forefront two notable processes, as a result of the world financial and economic crisis. On the one side, we underline the increasing role of the emerging countries (especially that of China, Brazil, Russia and India) in the world...

Throughout the twentieth century, many countries have recovered suddenly from rapid inflation and economic stagnation, and have then begun to enjoy years of noninflationary prosperity. The results have often been called “economic miracles” — the Poincaré miracle in France, the Erhard...

This paper builds a Holistic Evaluative Model (or HEM) to analyze crises responses, focusing on multiple narratives (explanations) from fields as varied as economics, political science, finance and public policy. A broader framework equips policymakers with more options to shape responses to...

The COVID-19 pandemic is taking a heavy toll on people’s lives and wiping out years of progress in development. This paper examines the impact of the coronavirus on Sub-Saharan Africa. It discusses how the deeply rooted structural weaknesses – high informality, a large youth population with...

The favourable course of the pandemic from early March onwards prompted the Chinese government to gradually ease the most stringent measures taken to fight COVID-19 that had been in force since January, relaxing confinements at home and the restrictions on both mobility and the pursuit of...

The novel severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) that causes the Coronavirus Disease 2019 (COVID-19) is still circulating in 2021 with new mutations and the state of emergency remains in manifold countries. Countries have applied in 2020 nonpharmaceutical interventions to...

The article considers the current situation of Italy's economy and public finances in the light of the ongoing euro-crisis. It suggests that growth should be given a considerably higher priority than austerity measures, including because sustained growth eases fiscal consolidation. The work is...

The economic crisis affecting the industrialized countries in recent years has been singular given its intensity, complexity and the difficulties in overcoming it. The aim of this paper is to analyze the determinants behind the crisis that have made it deeper and longer in Spain than in previous...

The financial sector incurred big losses during the recent financial collapse and recession. The losses occurred despite regulatory requirements imposed upon the financial services industry meant to ensure confidence and stability. This study analyzes the profitability and stock returns of...