Thu, Apr 9, 2020

Chhibber in the Financial Express: India needs an economic package for revival

In the News by Atlantic Council

Coronavirus Economy & Business

Wed, Apr 8, 2020

Can we compare the COVID-19 and 2008 crises?

There are more differences than similarities in comparing both crises, and others may still emerge as time goes. History doesn’t repeat itself; it stutters. And, of course, what will matter afterwards is to really draw the appropriate lessons to revisit our development models and better prevent and/or limit future crises.

New Atlanticist by Marc-Olivier Strauss-Kahn

International Financial Institutions International Markets

Thu, Apr 2, 2020

Forging the Four Freedoms Initiative for prosperity and peace in the Balkans

To demonstrate their readiness to fulfill the responsibilities associated with full-fledged membership in the world’s largest common market, the countries of the region launched the Western Balkans Four Freedoms Initiative to bring down barriers to intra-regional trade, travel, and labor movement. While not identical to Roosevelt’s plans, this project seeks to ensure the same outcome of peace and prosperity through liberty, opportunity, and growth.

New Atlanticist by Marko Čadež

International Markets Macroeconomics

Wed, Apr 1, 2020

The coronavirus economic crisis: Supporting the weak links

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.

New Atlanticist by Hung Tran

Coronavirus International Financial Institutions

Wed, Apr 1, 2020

Europe needs a quick economic coronavirus response: The ESM can provide it

A rapid and flexible deployment of the €410 billion lending capacity of the European Stability Mechanism (ESM) is urgently needed to support the policy initiatives launched to combat the coronavirus crisis throughout Europe. The sooner the Eurogroup of finance ministers can return to something akin to this sensible compromise position suggested by its President Mario Centeno last week, the better.

New Atlanticist by Bart Oosterveld

Coronavirus European Union

Wed, Apr 1, 2020

Coronavirus versus financial crisis: US policy responses compared

A look at the economic harm done so far and contrasts the measures taken by the Federal Reserve (Fed), Congress, and the G20 in response to coronavirus.

EconoGraphics by Ole Moehr | Graphics by Nikolai Albishausen

Economy & Business Macroeconomics

Tue, Mar 31, 2020

Europe’s economic emergency is also a geopolitical one

European leaders are deciding the future of European power on the world stage. If Europeans can’t ensure solidarity with each other after so much pain and sacrifice, it will not only be a devastating loss for Europe. It will also be a blow to a world looking for the political shape of a post-coronavirus world.

New Atlanticist by Benjamin Haddad and Josh Lipsky

Coronavirus European Union

Mon, Mar 30, 2020

What COVID-19 means for the United States’ economic and financial statecraft

In response to the coronavirus pandemic, monetary authorities at the US Federal Reserve have undertaken unprecedented actions to support liquidity in global markets. These steps have included support for domestic debt markets, including a recent expansion in the corporate bond market, as well as swap lines targeting the global dollar shortage. Beyond these moves, the broader policy response during and after the COVID-19 outbreak may drive longer-term changes in the global trading system.

New Atlanticist by Michael Greenwald

Coronavirus International Markets

Fri, Mar 27, 2020

Younus in his podcast “Pakistonomy,” episode 11: Economy and Coronavirus

In the News by Atlantic Council

Coronavirus Economy & Business

Fri, Mar 27, 2020

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

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.”

New Atlanticist by David A. Wemer

Coronavirus International Financial Institutions