Monetary stimulus

Fighting COVID-19 Like Being In A War

The world is not yet sufficiently alarmed by how much the COVID-19 pandemic has ravaged the global economy. We track the daily numbers of infections and casualties. But we are oblivious to the job losses and lives upended, especially in the developing world, where the pandemic has barely elicited a public-health response.The pandemic’s impact on major economies has so far been four times worse than that of the 2008 global financial crisis.

10 December 2020
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ASEAN pushing global GDP growth

Despite rising trade tensions and geopolitical risks, half of ASEAN’s member states are among the top drivers of global growth.The International Monetary Fund’s (IMF) World Economic Outlook released last week painted a bleak future for the global economy which is in a “synchronised slowdown” and is anticipated to grow 3.0 percent this year – the weakest since the 2008 global financial crisis. It is also a 0.3 percentage point downgrade from the IMF’s World Economic Outlook in April a

23 October 2019
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