Silja Sepping


Senior Economist – Prior to joining Llewellyn Consulting, Silja was a Senior Investment Analyst at GLC Global Macro hedge fund where she was responsible for macroeconomic research and market analysis, with a primary focus on emerging markets and FX. Silja’s role included the development of macro models, presenting the Fund to clients, and presenting market views through the investor podcast. Before that, Silja worked for Lehman Brothers as an Emerging Markets Economist, focusing on Central and Eastern Europe. While at the bank Silja was responsible for macroeconomic forecasts and market analysis, leading meetings with the region’s policymakers, speaking with journalists, and contributing regularly to the weekly and monthly publications.

Silja holds a first class honours degree in Economics and Business Administration from Stockholm School of Economics in Riga and has a Master’s degree in Economics from Stockholm School of Economics.

Aggregate demand policy in a time of COVID

( 21 mins read ) Large increases in government expenditure generally necessitate restraint elsewhere However at present significant resources are lying idle: no such sacrifice is needed Hence increases in government exenditure currently need not be financed by borrowing Neither

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Post Card – Estonia: A country of many faces

( 4 mins read ) Natural beauty and tech savviness make this small state a perfect remote-working destination I write this overlooking a quiet bay on the Western coast of Estonia. Nearest civilization is about half an hour’s drive away.

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Global Letter – Climate change: let the numbers speak

( 11 mins read )   Below1 are the key numbers2 relating to climate change, and some fundamental implications Definitions and facts Main greenhouse gases (GHGs): carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O).3 Global warming potential (GWP): differs

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