Research Articles

Crunch Time for Policymakers

Introduction As an outside observer or analyst it is easy to fall into the trap of becoming too abstract and forgetting that policies and actions are formed by individuals who are themselves influenced both by events unfolding around them and their previous experience. Equally, commentators are quick to criticise with the benefit of hindsight often […]

Beyond the Pandemic

Is Covid still a threat to growth? Introduction: In late December 2019, the World Health Organization (WHO) was notified of a cluster of pneumonia cases in Wuhan City, China. Although it took some months for the significance to be recognized this was the emergence of Covid 19 a virus which caused an economic convulsion. Entire […]

Exceptional Times

We are living through an extraordinary period that in many respects has no parallel in the history of financial markets. These are some of the striking features of current market conditions as we enter the new decade, 13 years on from the global financial crisis of 2008:

Covid-19: Vaccines and a Path Out of the Pandemic

It is now more than a year since the novel Coronavirus, COVID-19, was identified in China and more than ten months since the World Health Organisation declared COVID-19 a global pandemic. The virus has taken an enormous toll on the health of the world population with over 100m cases and a tragic 2.24m deaths reported. COVID has also created economic instability due to the lost productivity and lower consumption brought on by continued lockdown measures in many parts of the world.

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