MACRO/COVID-19: The political risks of technological solutions
● The first of our macro/Covid-19 pieces dealt with its impact on globalization; in this second note, we look at the politics of technological solutions to deal with the outbreak. ● While privacy concerns might dominate in developed economies, regions such as Southeast Asia mi… Become a member to read the rest of this […]
EUROPE: The politics of coronavirus – Daily update
Below is the latest edition of our daily Europe coronavirus update. Please do not hesitate to contact us if you want to discuss any of the countries mentioned in more detail. Graph of the day Italy The government is expected to issue during the weekend a ne… Become a member to read the […]
PHILIPPINES: Duterte says shoot; police say no
In a mid-week press conference, President Rodrigo Duterte ordered the police to shoot dead “anyone who creates trouble” during the shelter-in-place quarantine. The speech was loaded with Duterte braggadocio emphasizing law and order and compliance with government directives, and … Become a member to read the rest of this article
CUBA: Economic stress will be severe but surviving is regime’s specialty
The precarious state of the economy before Covid-19 meant the island was already facing a challenging 2020. The outbreak – and the ensuing drastic shock to the tourism industry – will hit hard. There is no doubting that the economic outlook is adverse. However, Cuba has some dist… Become a member to read the rest of […]
SAUDI ARABIA/RUSSIA: The challenges and limitations of a US-brokered deal
● Saudi Arabia’s principal financial problem is a collapse in global oil demand due to the Covid-19 crisis. ● The oil price war that has broken out between Russia and Saudi Arabia exacerbates the effects of diminished prices, but an end to that price war will not by itself res… Become a member to […]
JAPAN: Abe’s troubles grow as case count rises
● Prime Minister Shinzo Abe is under pressure from medical experts, business leaders, and national and local politicians to declare a state of emergency as the second wave of Japan’s Covid-19 outbreak spreads. ● In the meantime, the Abe administration is contemplating unpreced… Become a member to read the rest of this article
Economic Risks – Llewellyn Consulting – April 2020
Economic Risks The sharpest and deepest downturn of the post-war era Significantly higher and lasting public debt More macro policy innovation, including monetary finance Social unrest and humanitarian disasters Damage to already-reduced productive potential A swathe… Become a member to read the rest of this article