BELARUS: An increasingly brash Lukashenko regime poses multiple risks to Europe
The brazen arrest of a dissident journalist Roman Pratasevich reflects an increasingly restrictive and unpredictable political environment in Belarus, which will continue to pose multiple risks in Europe.The European Union’s (EU) sanctions will hurt the Belarusian aviation secto… Become a member to read the rest of this article Username or E-mail Password Remember Me […]
INDIA: Government gets moving on supporting businesses
Facing concerted pressure from the most embattled sectors – tourism, aviation, travel, and hospitality – of the economy, the government is working on a package that will probably offer specially designed incentives, mostly tax-related, to enable these businesses to find their fee… Become a member to read the rest of this article
MACRO: Policy responses to Covid-19
Below is our weekly summary table on the health and economic policies that selected governments around the world are implementing to counter the fallout from Covid-19. The updated table includes information about each country’s vaccination strategy. Please do not hesitate to cont… Become a member to read the rest of this article
Income inequality and the depth of economic downturns
Using an international panel data set, we analyze the implications of rising income inequality for aggregate consumption. We document that greater concentration of (after-tax) income in the top decile is associated with a significantly larger and more persistent contraction in consumption in the aftermath of economic downturns.