Tuesday, December 29, 2020

A Kenyan health economist investigates the pandemic's puzzling course in his country | Science |

"We need scientists who are in Africa focusing on African problems," says Edwine Barasa of the Kenya Medical Research Institute–Wellcome Trust.

Science 's COVID-19 reporting is supported by the Pulitzer Center and the Heising-Simons Foundation.

The incident speaks to Barasa's te­nacity and powers of persuasion, says his boss, Philip Bejon, who directs the Kenya Medical Research Institute (KEMRI)–Wellcome Trust Research Programme. These traits, Bejon says, have served Barasa well in his role as director of the program's office in Nai­robi, where he's been a key player in Kenya's response to the COVID-19 pan­demic. "Edwine always shows up as an authentic and sincere scientist who convinces his colleagues."

Publisher: Science | AAAS
Date: 2020-12-29T08:00:00-05:00
Author: Linda Nordling
Twitter: @newsfromscience
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Quite a lot has been going on:

The Oscar winners of 2020 for behavioural economics
Publisher: mint
Date: 2020-12-29T20:29:47 05:30
Twitter: @mint
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Coronavirus sharpens America's already stark economic inequalities | US news | The Guardian

Walter Almendarez doubts there will be any presents beneath his artificial Christmas tree – not for his daughter, his nephews or anyone else.

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Widespread local shutdowns made finding a new job practically impossible, and soon, he used up his 401(k) retirement savings just trying to pay the bills.

Those startling discrepancies represent a stark example of how the pandemic has exacerbated America's already chronic inequalities, amid a widespread awakening to the country's deep-rooted problems with economic and racial injustice.

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Publisher: the Guardian
Date: 2020-12-29T11:00:40.000Z
Author: Alexandra Villarreal
Twitter: @guardian
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Top economists see the economic recovery slowing in 2021

The U.S. economy in 2021 will continue to recover from this year’s steep coronavirus-induced downturn, but at a much slower pace than earlier in the spring, according to Bankrate’s Fourth-Quarter Economic Indicator survey.

The nation’s top economists are expecting joblessness a year from now to sink by less than one percentage point — to about 6 percent, compared with its current level of 6.7 percent — meaning unemployment will still hold well above pre-pandemic levels. Meanwhile, U.S.

Publisher: Bangor Daily News
Date: 2020-12-29T14:47:00 00:00
Twitter: @bangordailynews
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Quite a lot has been going on:

Trade war with China: Australia's economy after Covid-19 pandemic

Australia's economy has been badly hit by escalating trade tensions with China — and it's possible growth might "never return" to its pre-virus levels even when the pandemic is over, according to research firm Capital Economics.

China is by far Australia's largest trading partner, accounting for 39.4% of goods exports and 17.6% of services exports between 2019 and 2020, the firm said.

Publisher: CNBC
Date: 2020-12-29T05:33:26 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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The Future Of Nonprofit Economics, Bellwethers of Funding - The NonProfit Times

*Editor’s Note: The NonProfit Times is publishing commentaries looking to 2021 and beyond from some of the sector’s most accomplished leaders. All of the commentaries are available in The NonProfit Times’ digital edition on this website .

* * *

The past year has been a tumultuous and unprecedented one. The nonprofit sector continues to grapple with heightened economic and political uncertainty, new fundraising realities, cascading needs, and mounting concerns for staff and volunteers' health.

Publisher: The NonProfit Times
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The Missing Link in Economic Development by Ricardo Hausmann - Project Syndicate

Like the proverbial man with a hammer who sees every problem as a nail, economists study the world through the lens of incentives, and have developed a rich understanding of how market participants make decisions. But although incentives are important, developing countries must do more than institute the right ones.

CAMBRIDGE – You don't have to be a neuroscientist to understand that your brain determines what you see at least as much as the objects of perception do. This is even more the case in the social world, which generally reflects concepts – such as freedom, democracy, corruption, or poverty – that one already has in mind. But if you are an economist, your mind has been trained to see the world through the additional layer of incentives .

Publisher: Project Syndicate
Date: 2020-12-29T14:27Z
Author: Ricardo Hausmann
Twitter: @prosyn
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The economic chart of the year: Morning Brief

About 70% of U.S. GDP growth comes from consumer spending. And this spending can basically be broken into two categories — goods and services.

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Restaurants have been closed, events have been canceled, and travel has been discouraged in an effort to slow the spread of COVID-19 and keep the pressure off a stretched health care system. Even routine medical check-ups and elective surgeries have been paused or postponed at various points this year.

Twitter: @Yahoo
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