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You searched for: Content Type Commentary and Analysis Remove constraint Content Type: Commentary and Analysis Political Geography Global Focus Remove constraint Political Geography: Global Focus Publication Year within 1 Year Remove constraint Publication Year: within 1 Year Publication Year within 10 Years Remove constraint Publication Year: within 10 Years Publication Year within 3 Years Remove constraint Publication Year: within 3 Years Topic Economy Remove constraint Topic: Economy
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  • Author: Giuliano Garavini
  • Publication Date: 04-2020
  • Content Type: Commentary and Analysis
  • Institution: Istituto Affari Internazionali
  • Abstract: Oil markets are facing a perfect storm. The scissors of supply and demand are moving against one another, generating increasing pain on the oil industry and the political and financial stability of oil-producing countries. Global oil demand is dropping due to the recession induced by the COVID-19 shut down of economic activity and transport in the most industrialized countries. Goldman Sachs predicts that global demand could drop from 100 million barrels per day (mdb) in 2019 to nearly 80 mdb in 2020.1 If confirmed, this would be single biggest demand shock since petroleum started its race to become the most important energy source in the world.
  • Topic: International Trade and Finance, Oil, Global Markets, Economy
  • Political Geography: Russia, Saudi Arabia, Global Focus
  • Author: Margareth Sembiring
  • Publication Date: 04-2020
  • Content Type: Commentary and Analysis
  • Institution: Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
  • Abstract: The COVID-19 outbreak disrupted our daily lives and impacted national economies. Amidst the virus turmoil, our natural surroundings have benefited from the slowdown. The global community needs to make a concerted effort to rethink our approach to economic growth to avert a climate crisis.
  • Topic: Climate Change, Environment, Economy, COVID-19
  • Political Geography: Global Focus
  • Author: Jose M. L. Montesclaros, Mely Caballero-Anthony
  • Publication Date: 07-2020
  • Content Type: Commentary and Analysis
  • Institution: Centre for Non-Traditional Security Studies, S. Rajaratnam School of International Studies
  • Abstract: Many economies have already started to re-open in spite of growing COVID-19 active cases, but it may be for the wrong reasons, and some may be premature. Analysing the healthcare and fiscal capacity of countries provides insights on framing the logic of re-opening.
  • Topic: Health, Economy, Pandemic, COVID-19
  • Political Geography: Global Focus
  • Author: Kensuke Yanagida
  • Publication Date: 04-2020
  • Content Type: Commentary and Analysis
  • Institution: Japan Institute Of International Affairs (JIIA)
  • Abstract: As of April 5, 2020, there are 177 countries/regions confirming cases of new coronavirus infections (COVID-19), making this an unprecedented pandemic. With the number of infected people increasing and medical systems under severe pressure, measures such as lockdowns and border restrictions have been tightly imposed in most countries/regions. As a result, economic activities in both production and consumption have been temporarily halted. Indeed, the pandemic is creating a situation that is simultaneously freezing the global economy. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said that the impact of the Corona Shock on the global economy could be "far worse" than that of the 2008-2009 global financial crisis (also known as the Lehman Shock).   How much impact will the unprecedented pandemic have on the global economy? In this paper, the author will quantitatively analyze the impact of the Corona Shock using an applied general equilibrium model (Computable General Equilibrium (CGE)). The estimation results show that the longer the COVID-19 outbreak continues and the greater the spread of infections, the greater the negative impact on the global economy. The impact is forecast to be at or even above the level of the Lehman Shock.
  • Topic: Economy, Crisis Management, COVID-19
  • Political Geography: Global Focus