Macroeconomics

The global economy appears to be in good health, but beneath the surface important shifts are underway. China is challenging US leadership in many arenas. Unprecedented loose monetary policy continues to underpin growth in advanced economies, while fiscal policy remains inconsistent. Trade tensions threaten economic expansion. Inequality between and within countries is on the rise. The economic performance of just one country can affect economies across the world, making it important to promote sustainable and inclusive growth everywhere.

Content

New Atlanticist

Aug 11, 2020

Financial regulation in the face of COVID-19: Resilient but complex clockwork

By Emilie Bel

The COVID-19 outbreak has presented the financial system with its most challenging test since the global financial crisis ten years ago—and the system has held up.

Coronavirus Financial Regulation

New Atlanticist

Aug 6, 2020

Argentina reaches key debt deal amid COVID-19 downturn

By Valentina Sader

Avoiding its ninth default, this deal opens avenues for renewed confidence in the government’s ability to continue to safeguard the economy while establishing a necessary long-term macroeconomic plan for Argentina.

Argentina Coronavirus

New Atlanticist

Aug 5, 2020

The IMF, the World Bank, and South Asia in the face of COVID-19

By Capucine Querenet

Given the region’s deteriorating economic outlook, heavy funding from International Financial Institutions (IFIs) is crucial to prevent a prolonged public health crisis and financial woes. Unfortunately, this has not yet materialized.

Coronavirus International Financial Institutions

New Atlanticist

Aug 4, 2020

As COVID-19 spreads, Africa needs another “London Moment”

By Vasuki Shastry and Jeremy Mark

Last month’s Group of Twenty (G20) finance ministers’ meeting proved that the international community is too cautious about helping Africa in its time of need. Is the G20 prepared to face the consequences of its inaction?

Africa Coronavirus

New Atlanticist

Jul 30, 2020

The foreign worker freeze will not solve high US unemployment

By Amy Jeon

The administration’s restrictive approach to immigration cannot be attributed to the pandemic economy alone, as evidenced by sweeping measures even before COVID-19, including historically low refugee admission numbers and increased penalties for asylum seekers. The freeze will also likely do more harm than good to the US economy.

Coronavirus Inclusive Growth

New Atlanticist

Jul 29, 2020

Western Balkans leaders meet to drive coronavirus recovery and deepen regional economic cooperation

By David A. Wemer

Leaders from the Western Balkans Six—Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Montenegro, and Serbia—participated in the Western Balkans Partnership Summit on July 29 to take steps to deepen regional economic cooperation and stimulate growth amid the widespread economic downturn caused by the novel coronavirus (COVID-19) pandemic.

Inclusive Growth Macroeconomics

UkraineAlert

Jul 28, 2020

Zelenskyy’s bad economics: Inflation and devaluation will not help Ukraine grow

By Anders Åslund

Ukrainian President Volodymyr Zelenskyy’s policymakers are causing concern by flirting with the dangerous idea that high inflation and substantial currency devaluation can boost economic growth.

Democratic Transitions Economy & Business

New Atlanticist

Jul 28, 2020

As central banks implement coronavirus rescue plans, has moral hazard been forgotten?

By Hung Tran

With financial markets beginning to astoundingly recover, despite continued economic pain and an uncertain pandemic picture, the fear of moral hazard seems to have been forgotten.

Coronavirus Financial Regulation

In the News

Jul 22, 2020

Roberts on World Is One (WION)

By Atlantic Council

Dexter Tiff Roberts, an award-winning journalist and Nonresident Senior Fellow with the Asia Security Initiative at the Atlantic Council, speaks with World Is One (WION) News based in India about his research on China’s future economic trajectory. More about our expert

China Civil Society

New Atlanticist

Jul 21, 2020

To pave the way for a sustainable recovery, show the data

By Valerie Rouxel-Laxton

There is a disconnect between a continued focus on traditional metrics judging economic growth on the one hand and the absence of sustainability metrics being presented to policymakers

Coronavirus Inclusive Growth

Experts