LONDON — More and more cities are embracing a doughnut-shaped economic model to help recover from the coronavirus crisis and reduce exposure to future shocks.
British economist and author of "Doughnut Economics" Kate Raworth believes it is simply a matter of time before the concept is adopted at a national level.
The Dutch capital of Amsterdam became the first city worldwide to formally implement doughnut economics in early April last year , choosing to launch the initiative at a time when the country had one of the world's highest mortality rates from the coronavirus pandemic.
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Super Mario and the return of supply-side economics - OMFIF
The appointment of Mario Draghi as prime minister of Italy in February boosted hopes that the former president of the European Central Bank will do what nobody else has managed to: address Italy's structural weaknesses and raise its growth potential to the level of the euro area.
In his first public speech to the Italian parliament, Draghi made clear that supply-side policies are the priority for Italy, very much in line with recommendations made by the European Commission. Closing the growth gap between Italy and the euro area will be achieved through a combination of structural reforms – taxation, public administration and justice – and a broad public investment plan focused on digitisation and green infrastructure.
Bloomberg - Are you a robot?
Press Briefing by Press Secretary Jen Psaki, Chair of the Council of Economic Advisers Cecilia
We'll be in touch with the latest information on how President Biden and his administration are working for the American people, as well as ways you can get involved and help our country build back better.
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After History of Erratic Economic Policy, Erdogan Plunges Turkey Into Fresh Turmoil - WSJ
Last Friday, Mr. Erdogan replaced Naci Agbal with Sahap Kavcioglu, a former member of parliament for Erdogan's Justice and Development Party, who publicly sided with the president's calls for lower interest rates, despite inflation hitting 15.6% annually in February.
Mr. Erdogan, who has fired three central bank chiefs in less than two years , prefers low rates as a part of a strategy to encourage growth.
He opposed policies set by Mr. Agbal, who raised interest rates in an effort to fight inflation and help Turkey pull back from the brink of crisis. Mr. Agbal's policies encouraged investors to pour billions of dollars back into the country since he was appointed in November.
UAE and Israel: A normalization for economics | Opinion
As another step toward normalization, the United Arab Emirates (UAE) recently announced a $12 billion investment fund for strategic sectors in Israel .
The decision was taken following a "constructive" phone call between Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed (MBZ) and Israeli Prime Minister Benjamin Netanyahu, the official Emirates News Agency (WAM) said.
Through the $12 billion fund, the UAE "will invest in and alongside Israel, across sectors including energy manufacturing, water, space, healthcare and agri-tech," it added.
How the economic effects of COVID-19 lockdowns in different regions interact through supply
For this purpose, in Inoue et al. (2021), we conduct a simulation analysis applying actual supply-chain data of 1.6 million firms and experiences of lockdowns in Japan to an agent-based model of production. We first confirm whether our model and data can replicate the actual reduction in production caused by the lockdown of Japan during the state of emergency in April and May 2020. Figure 1 indicates that our prediction of daily value added of Japan
during its lockdown. represented by the green line, fits the monthly value added calculated by the actual economic index (Indices of All Industry Activity) and is well represented by the red line in the sense that the total predicted loss is equivalent to the actual loss.
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Amsterdam bet its post-Covid recovery on 'doughnut' economics — More cities are now following suit https://t.co/PwoK96CTlz CNBC (from Englewood Cliffs, NJ) Thu Mar 25 06:25:21 +0000 2021
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