Since April we have seen politicians around the world trying to roll back on the panic created by the Corona Virus. The machinery of government and its institutions, particularly areas involved in health, led by the World Health Organisation, embraced the idea of pandemic and effectively shut down the world’s economy.
The Impact of Covid 19 on Global Growth Projections
Researchers from Imperial College London predicting that ‘transmission will quickly rebound if interventions are relaxed.’. If this causes reintroduction of measures, then a double-dip recession looms. Indeed, should the spread of the virus maintain this pace, a sustained decline is
Ten Largest Global Economies: Happiness Index since 2015
Out of the countries shown, the UK is perhaps the most confounding. Over the data period it has experienced significant political upheaval and societal division, centered around the Brexit vote. In 2016, the statistics suggest that Britain actually became happier and has remained on this trend until the end of the data period…
Historical GDP of African OPEC Nations vs Oil Price
2 million barrels of oil are extracted in the Niger Delta – costing $28.99 to extract each barrel of oil in Nigeria. This is significantly lower than the North Sea oil (at $44.33) but over three times more expensive than in Saudi Arabia (at $8.98)…
10 Biggest Wealth Markets: 2018 Wealth vs Growth 2008-2018
As much as one could look to political differences or motivations, the single biggest boon for wealth growth has been global loose monetary policy with near zero interest rates and significant QE, which serves …
GDP per Hour Worked and Labour Market Reforms
If anything is to be learned from the contrasting experiences of Germany and Greece, it is that there is rarely a policy in economics which is always correct or universally applicable…