Can we compare the COVID-19 and 2008 crises?

New Atlanticist Jan 3, 2023

Five trends to watch in 2023 as the global economy tries a dangerous reboot

By Josh Lipsky

With each trend, policymakers can focus on a return to the status quo or build something different, and better, this year.
China Economic Sanctions
Can we compare the COVID-19 and 2008 crises?

Econographics Feb 21, 2023

Offensive friendshoring and deteriorating US-China relations

By Hung Tran

The increasingly offensive use of an offensive US friendshoring policy will make it more challenging to manage US-China strategic competition
China Economy & Business
Can we compare the COVID-19 and 2008 crises?

New Atlanticist Feb 23, 2023

The big questions (and answers) about Ajay Banga’s nomination to lead the World Bank

By Atlantic Council experts

What to know about the former Mastercard chief executive officer’s surprise nomination to lead the World Bank.
Economy & Business Fiscal and Structural Reform

Content

New Atlanticist

May 5, 2020

Can we compare the COVID-19 and 2008 crises?

By Marc-Olivier Strauss-Kahn

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.

International Financial Institutions International Markets

New Atlanticist

May 4, 2020

Critical ruling for European Central Bank to turn spotlight back to policymakers

By Bart Oosterveld

So far, the ECB has committed to asset purchases roughly in accordance with each member state’s contribution to the European economy. This has led to market speculation that suggests the German court will add that as a restriction on the Bundesbank’s participation, though there is no precedent for such a restriction in prior rulings.

Coronavirus European Union

New Atlanticist

May 4, 2020

Fiscal responses to the coronavirus pandemic: Next steps

By Hung Tran

Overall, the differences in magnitudes and compositions of fiscal programs by countries around the world imply uneven and staggered recoveries, making them more protracted. In designing the next wave of fiscal packages, it is important to learn from recent experiences so as to better balance their various elements to be more effective.

Coronavirus Inclusive Growth

In the News

Apr 30, 2020

Riaz as a panelist at the Center for International Private Enterprise: Assessing COVID-19 Control Measures & Prospects for Socio-Economic Recovery

By Atlantic Council

Bangladesh Coronavirus

Event Recap

Apr 29, 2020

US commercial policy in Africa: A new normal?

By Africa Center

On Wednesday, April 29, the Africa Center hosted a virtual roundtable on the impacts of COVID-19 on US commercial policy toward Africa. The private discussion featured Ms. Victoria Whitney, the Chief Operating Officer of Prosper Africa, and Mr. Andrew Herscowitz, the Chief Development Officer at the US International Development Finance Corporation.

Africa Coronavirus

New Atlanticist

Apr 27, 2020

Financial markets pressure likely to force additional European action soon

By Bart Oosterveld

Markets are likely to test the resolve of policymakers to preserve the monetary union in the upcoming months, and the risk of a series of funding shocks remains elevated.

Coronavirus European Union

New Atlanticist

Apr 27, 2020

IMF managing director urges more global action to soften coronavirus’ economic toll

By David A. Wemer

As the global economy continues to absorb the shock of the coronavirus pandemic, International Monetary Fund (IMF) Managing Director Kristalina Georgieva urged policymakers to commit more money to recovery efforts. “Do as much as you can,” she said on April 27, “then do a little bit more.”

Coronavirus Inclusive Growth

New Atlanticist

Apr 22, 2020

The pandemic’s next stop: The financial system

By Bart Oosterveld

The peak of bank failures closures during the Global Financial Crisis happened two years after the collapse of real estate prices—there is an argument that there may be some time before the financial sector’s reserves are depleted. The wider picture however shows gyrating equity and commodity markets, very high unemployment, and a fragmented ‘reopening’ picture. All in all, the moment of the need for a meaningful injection of capital, whether from private markets or from the taxpayers, is approaching.

Coronavirus International Financial Institutions

In the News

Apr 20, 2020

Younus in his podcast “Pakistonomy,” episode 14: Dr. Miftah Ismail

By Atlantic Council

Coronavirus Economy & Business

In the News

Apr 9, 2020

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

By Atlantic Council

Coronavirus Economy & Business
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Experts

Fellow

Mark Mowrey

Nonresident Senior Fellow

Atlantic Council in Turkey

Economy & Business Europe & Eurasia

Staff

Jessie Yin

Assistant Director, GeoEconomics Center

GeoEconomics Center

China Chinese

Fellow

Elizabeth Shortino

Nonresident Senior Fellow

GeoEconomics Center

Economy & Business Inclusive Growth

Staff

Bart Piasecki

Assistant Director

GeoEconomics Center

Fiscal and Structural Reform International Financial Institutions

Staff

Ignacio Albe

Program Assistant

Adrienne Arsht Latin America Center

Brazil French

Fellow

Perrihan Al-Riffai

Nonresident Senior Fellow

empowerME Rafik Hariri Center & Middle East programs

Arabic Economy & Business
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