World trade contracted dramatically during the global economic crisis induced by the COVID-19 pandemic. Disruptions in international supply chains were widely reported as governments imposed containment measures (lockdowns) to halt the spread of the disease. At the same time, demand declined as...

Developing countries (DCs) encounter the COVID-19 pandemic under distinctly different preconditions than high income countries. With a young population and permanently challenged by major infectious diseases like malaria and TB, but insufficient health infrastructure and poor public...

This paper examines the recent increase of the measured inflation rate to assess the degree to which the acceleration is due to problems created (largely on the supply side) by the pandemic versus pressures created on the demand side by pandemic relief. Some have attributed the inflation to...