@GroupofThirty#IBS2021 Governor Bailey: 'The rebalancing of goods to services is taking longer' than expected... 'pushing up the price of traded goods worldwide.'
@GroupofThirty#IBS2021 BIS GM Carstens 'The recession saw a shift in demand away from services towards goods.' the GM noted that reversion back to prior norms has not yet happened.
Carstens BIS GM ... @GroupofThirty#IBS2021 'The [pandemic] worst is hopefully behind us... but there are many sources of uncertainty, some known and others unknown.'
@GroupofThirty#IBS2021 PBoC Governor Yi: 'The pandemics is under good control in China.. close to 80 percent are vaccinated ... economic activity is business as usual.'
@GroupofThirty#IBS2021 MD IMF 'We need to amplify the $650bn allocation for countries in need to give then resources for the exit from the pandemic crisis.'
At @GroupofThirty#IBS2021 IMF MD 'We have to be mindful that climate related shocks are on the increase. ... If we are to achieve the objectives of the Paris Agreement we must take aggressive steps in the next decade.' '
@GroupofThirty#IBS2021 IMF MD states: "The recovery is uneven and uncertain... there are significant differences in the policy space to support the recovery.'
My roundup of last week's National Association for Business Economics event. Particularly like Stuart Mackintosh's warnings about the need to address climate change:
https://t.co/wybhwVSjF1
My roundup of last week's National Association for Business Economics event. Particularly like Stuart Mackintosh's warnings about the need to address climate change:
https://t.co/wybhwVSjF1
I am pleased to say my latest book - Climate Crisis Economics - will come out this summer simultaneously in hardback and paperback https://t.co/gCbmhysrLP