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UkraineAlert

Apr 10, 2020

Breadbasket Ukraine must not prohibit grain exports

By Anders Åslund

Ukrainian policymakers are reportedly discussing the prohibition of grain exports. This could have a disastrous impact on the economy while also damaging ties with Ukraine's international partners.

International Financial Institutions Trade and tariffs

New Atlanticist

Apr 2, 2020

The United States’ stealth diplomat: The Federal Reserve

By Robert Dohner

In stepping forward to calm US financial markets, reactivate swap lines, and create the new foreign repo facility, the Fed has helped backstop the global economy. One may argue whether the United States is still the indispensable nation. What is clear is that, in a crisis, the Federal Reserve is the indispensable central bank.

Financial Regulation International Financial Institutions

New Atlanticist

Apr 1, 2020

The coronavirus economic crisis: Supporting the weak links

By Hung Tran

In the present pandemic crisis, major countries have moved more quickly, offering more substantial monetary and fiscal support packages, including better targeted programs than in 2008-09. The challenge now is to quickly deliver the help to the weak entities which need liquidity the most. After all, any system is only as strong as its weakest link.

Coronavirus International Financial Institutions

UkraineAlert

Mar 31, 2020

Zelenskyy resurrects his reformist credentials as coronavirus crisis looms

By Anders Åslund

March 30 was a big day for Ukraine with major changes in parliament that reversed the anti-reform backlash underway in the country since March 4 and provided President Zelenskyy with fresh political momentum as the coronavirus crisis escalates.

Coronavirus Democratic Transitions

UkraineAlert

Mar 30, 2020

Two historic votes for Ukraine

By Iuliia Mendel

In an emergency session as the country grapples with the coronavirus crisis, Ukraine's parliament has voted for two bills that will open the way to new financing from the IMF and other international partners.

Democratic Transitions International Financial Institutions

New Atlanticist

Mar 27, 2020

US coronavirus stimulus package offers some relief, but economic pain will remain

By David A. Wemer

US lawmakers are near final passage of an unprecedented stimulus package to help the US economy weather the storm of the coronavirus crisis, but that does not mean that all of the economic damage can be prevented. Jason Furman said he was “impressed by how much Washington has done, how quickly it has done it, how comprehensively it has done it,” but added that he is “worried that all of that won’t be enough for…an economy that is shutting down in such an unprecedented way.”

Coronavirus International Financial Institutions

UkraineAlert

Mar 22, 2020

Ukraine urgently needs a new IMF agreement

By Anders Åslund

Ukraine is facing major economic turmoil as a result of poor political decisions in the midst of an unfolding global crisis sparked by the coronavirus pandemic. The country now urgently needs to secure a new IMF agreement, argues Anders Åslund.

Economy & Business International Financial Institutions

New Atlanticist

Mar 22, 2020

What the G20 needs to do to combat the global coronavirus economic crisis

By Hung Tran

The stakes for the upcoming G20 virtual summit are quite high. Either it succeeds in presenting a plausible global approach to deal with the pandemic and its impact, thus stabilizing public confidence and financial markets, or it can leave the world rudderless in the storm.

Coronavirus G20

New Atlanticist

Mar 18, 2020

The global economic policy response to coronavirus takes shape

By Bart Oosterveld

Governments and central banks globally have been engaged in an initial round of measures to blunt the anticipated economic impact of the spread of the virus, including making funds available, lowering key interest rates, intervening in funding markets, and supporting emergency lending.

International Financial Institutions International Markets

New Atlanticist

Mar 16, 2020

The coronavirus recession deepens financial market turmoil

By Hung Tran

On balance, the global market turmoil—even in the face of central bank easing —shows the limits of monetary policy . It also suggests that investor confidence won’t be restored until there are clear signs of the COVID-19 pandemic peaking outside of China and that major governments can implement appropriately sized and well targeted fiscal stimulation programs to support the economy—particularly those most impacted by the pandemic.

Coronavirus Financial Regulation

Experts