How does the G20 COVID-19 fiscal response compare to the Global Financial Crisis?

Last week the European Union agreed on a historic €750 billion stimulus package. This week Congress will negotiate the next round of relief for the US. Where does this fit into the global spending picture? Our new fiscal firepower heat map, updated through June, shows how G20 COVID-19 crisis spending now compares to the Global Financial Crisis. While nearly every country is spending significantly more than a decade ago, China is still spending less.

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Content

Sun, Jul 26, 2020

How much money is the G20 spending?

Our new fiscal firepower heat map, updated through June, shows how G20 COVID-19 crisis spending now compares to the Global Financial Crisis. While nearly every country is spending significantly more than a decade ago, China is still spending less.

EconoGraphics by Global Business and Economics Program,

China Economy & Business

Wed, Jul 15, 2020

The G20 needs to do more to address the human toll of COVID-19

If the wealthy countries cannot support measures to stave off a humanitarian crisis, the damage will run deeper than the resurgence of hunger and disease. The political repercussions will take the shape of civil strife, extremism, and mass migration. The G20 will do irreparable damage to social cohesion and international cooperation if it fails to act decisively.

New Atlanticist by Jeremy Mark

Coronavirus G20

Wed, Jul 15, 2020

United G20 must pave the way for robust post-COVID-19 recovery

The world is facing unprecedented health and economic crises that require a global solution. Governments have locked down their economies to contain the mounting death toll from the COVID-19 pandemic. With this response well underway, now is the time to move into a recovery effort.

Issue Brief by Phil Thornton

China Coronavirus

Tue, Jul 7, 2020

What world post-COVID-19? Three scenarios

This paper is a preliminary look at the geopolitical implications of the COVID-19 pandemic and sketches three scenarios for the possible direction of the global system post-COVID-19.

In-Depth Research & Reports by Mathew J. Burrows, Peter Engelke

Coronavirus G20

Tue, Jun 16, 2020

The rise of Central Bank digital currencies

What exactly is a Central Bank Digital Currency (CBDC) and how is it different than your credit card?

EconoGraphics by Global Business and Economics Program and Belfer Center for Science and International Affairs

Digital Policy Economic Sanctions

Sat, May 23, 2020

Mathew Burrows and Bob Manning in The Hill about a global “Manhattan Project” to end pandemics

In the News by Atlantic Council

Coronavirus English

Tue, May 5, 2020

Democratic solidarity and the road ahead

The United States needs to lead in devising both immediate and systemic responses to the coronavirus challenge, but not alone. Leadership means neither diktat nor incantation of old formulas. It means using American convening power to adapt tested principles to new challenges, crystalizing friends and allies—transatlantic, transpacific and not forgetting hemispheric—around a common agenda.

New Atlanticist by Ana Palacio and Daniel Fried

Coronavirus G20

Sun, Apr 26, 2020

How does the G20 COVID-19 fiscal response compare to the Global Financial Crisis?

How does the G20 COVID-19 fiscal response compare to the Global Financial Crisis?

EconoGraphics

Australia China

Fri, Apr 24, 2020

What the world can learn from regional responses to COVID-19

Regional integration projects around the world could be the first step to help countries jointly meet the challenges of COVID-19. In recent weeks we have witnessed many of them coming together to establish collective measures.

New Atlanticist by Anastasia Kalinina

Coronavirus G20

Thu, Apr 23, 2020

Video recap: The role of tech, data, and leadership in pandemic geopolitics and recovery post-COVID

On April 22, 2020 - Vint Cerf, Sue Gordon, Melissa Flagg, Terry Halvorsen shared perspectives on "Pandemic geopolitics and recovery post-COVID" as part of a live video discussion moderated by David Bray, PhD, Atlantic Council GeoTech Center Director on the role of tech, data, and leadership in the global response to and recovery from COVID-19.

Event Recap

Civil Society Coronavirus