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growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important …, especially with constrained scope for fiscal and monetary stimuli. Reforms could boost per capita growth by an additional 0 ….3-1.3 percentage points, relative to the 1.9 percent average since 2010. Such growth would reduce per capita income doubling time from …
Persistent link: https://www.econbiz.de/10012518323
Small and medium-sized enterprises (SMEs) play an important role in the development of the economy and contribute … significantly to ensure sustainability, economic growth and wealth of nation. A strong and well-developed SME sector contributes … SMEs in Germany and Georgia. The question of research was about concomitant economic conditions and how well the segment of …
Persistent link: https://www.econbiz.de/10012244109
macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt …
Persistent link: https://www.econbiz.de/10012228062
Persistent link: https://www.econbiz.de/10012939549
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP … levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and …
Persistent link: https://www.econbiz.de/10012251398
Persistent link: https://www.econbiz.de/10013470938
external demand. Using a panel data model, we estimate how the number of deaths and lockdown measures affected GDP growth, the … unemployment rate, and export growth from January 2020 to September 2021, based on a sample of 25 countries grouped into three … regions. The results indicate that lockdown measures had a negative and statistically significant impact on GDP growth across …
Persistent link: https://www.econbiz.de/10014577716
Much has been revealed recently regarding the relative unpreparedness of Public Health Authorities and their governments in many countries. We show that a lack of preparedness for the Covid-19 pandemic resulted from four major types of shortcomings. First, even when there were problems noted in...
Persistent link: https://www.econbiz.de/10012286509
Substantial weaknesses in the preparation by public health authorities and governments increased the health and economic costs of the Covid-19 pandemic relative to what they would have been if pre-existing recommendations had been followed and a wider set of plans had been put into place....
Persistent link: https://www.econbiz.de/10012417553
In this paper, we discuss 10 parallels between the lack of preparation of financial system regulators prior to the GFC and the lack of preparation by public health authorities and governments prior to Covid-19. These parallels relate to: required stocks (of capital or equipment), data collection...
Persistent link: https://www.econbiz.de/10012490913