In 2015, an action movie about a group of elite paratroopers from the People’s Liberation Army, “Wolf Warrior,” dominated box offices across China. In 2020, the nationalistic chest-thumping spirit of that movie is defining Chinese diplomacy, or at least the propaganda surrounding it. This aggressive new style is known as “wolf warrior diplomacy,” and although…

Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: On Secular Stagnation in the Industrialized World Lukasz Rachel and Lawrence H. Summers A Forensic Examination of China's National Accounts Wei Chen, Xilu Chen, Chang-Tai Hsieh,…

This semiannual journal from the Latin American and Caribbean Economic Association (LACEA) provides a forum for influential economists and policymakers from the region to share high-quality research directly applied to policy issues within and among those countries. To subscribe to Economía click here. Long-Term Care in Latin America and the Caribbean: Theory and Policy Considerations…

Throughout history, crisis and human progress have often gone hand in hand. While the growing COVID-19 pandemic could strengthen nationalism and isolationism and accelerate the retreat from globalization, the outbreak also could spur a new wave of international cooperation of the sort that emerged after World War II. COVID-19 may become not only a huge…

In the run-up to this week’s Virtual Spring Meetings, the International Monetary Fund (IMF) has stepped up and provided much-needed leadership to assure countries and financial markets that they have the resources and tools necessary to help address the worst global economic crisis since the institution was created in 1945. But, precisely because the IMF…

It has been more than a month since the first COVID-19 case was detected in Turkey. Since then, the number of cases has shot up significantly, placing Turkey among the top 10 countries worldwide in terms of cases. Government efforts have kept the number of deaths relatively low, and the health system so far appears…

As the COVID-19 pandemic spreads around the world, and across every state in the U.S., school systems are shutting their doors. To date, the education community has largely focused on the different strategies to continue schooling, including lively discussions on the role of education technology versus distribution of printed paper packets. But there has been…

In mid-April, UNESCO reported 192 countries had closed all schools and universities, affecting more than 90 percent of the world’s learners: almost 1.6 billion children and young people. While some governments are starting to order teachers and students back to work, education—one of the most important drivers in human capital investment—continues to be largely closed…

Jordan’s quick response to the COVID-19 outbreak has made many Jordanians, including myself, feel safe and proud. The prime minister and his cabinet’s response has been commended globally, as the epicenter in the country has been identified and contained. But at the same time, such accolades have been focused on the males, erasing the important…

In 1996, Harris Cooper of Duke University and his colleagues first reported on the effects of what came to be known as summer slide, or summer slump. Over the summer months, when children are not in school, those from under-resourced communities tend to lose roughly 30 percent of the gains they made in math during…

On March 15, 2020, the Kenyan government abruptly closed schools and colleges nationwide in response to COVID-19, disrupting nearly 17 million learners countrywide. The social and economic costs will not be borne evenly, however, with devastating consequences for marginalized learners. This is especially the case for girls in rural, marginalized communities like the Maasai, Samburu,…

During the COVID-19 pandemic, only 44% of school districts are both providing instruction online and monitoring students’ attendance and progress. Kids in these districts have a good chance of staying on grade-level during the coronavirus shutdown. Kids in the majority of districts, which are either providing no instruction or offering instruction but not tracking progress,…

COVID-19 has upended, along with everything else, the balance sheets of the nation’s elementary and secondary schools. As soon as school buildings closed, districts faced new costs associated with distance learning, ranging from physically distributing instructional packets and up to three meals a day, to supplying instructional programming for television and distributing Chromebooks and internet…

Across America, incarcerated people are being hit hard by COVID-19. The infection rate in Washington, D.C., jails is 14 times higher than the general population of the city. In one Michigan correctional facility, more than 600 incarcerated people have tested positive — almost 50% of the prison's total population. In Arkansas, about 40% of the…

The consequences of the novel coronavirus pandemic stretch across the entirety of government services. Major police agencies have reported absentee rates as high as 20% due to officers who are either themselves afflicted with the virus or in need of self-quarantine. Reported crimes are generally down in America’s cities as a result of the many…

The coronavirus pandemic has exacted a devastating human toll on the Middle East and North Africa (MENA) region, with over 300,000 confirmed cases and 11,000 deaths to date. It has also pushed the region’s public healthcare systems to their limits, though countries differ greatly in their capacities to test, trace, quarantine, and treat affected individuals. MENA governments…

On Apil 30, 2020, Jung H. Pak discussed the current uncertainty in North Korea's ability to handle the challenges posed by COVID-19 outbreak with the Korea Economic Institute of America.

In 2015, an action movie about a group of elite paratroopers from the People’s Liberation Army, “Wolf Warrior,” dominated box offices across China. In 2020, the nationalistic chest-thumping spirit of that movie is defining Chinese diplomacy, or at least the propaganda surrounding it. This aggressive new style is known as “wolf warrior diplomacy,” and although…

Executive Summary This policy brief invokes the standards of ancient Greek drama to analyze the COVID-19 pandemic as a potential tragedy in U.S.-China relations and a potential tragedy for the world. The nature of the two countries’ political realities in 2020 have led to initial mismanagement of the crisis on both sides of the Pacific.…

The monthly jobs report—the unemployment rate from one survey and the change in employer payrolls from another survey—is one of the most closely watched economic indicators, particularly at a time of an economic crisis like today. Here’s a look at how these data are collected and how to interpret them during the COVID-19 pandemic. What…

The Prime Minister of India held a meeting on April 30, 2020 to consider reforms in the mines and coal sector to jump-start the Indian economy in the backdrop of COVID-19. The mining sector, which is a primary supplier of raw materials to the manufacturing and infrastructure sectors, is being considered to play a crucial…

Since the onset of the COVID-19 pandemic, food insecurity has increased in the United States. This is particularly true for households with young children. I document new evidence from two nationally representative surveys that were initiated to provide up-to-date estimates of the consequences of the COVID-19 pandemic, including the incidence of food insecurity. Food insecurity…

In the midst of the global scramble to deal with the COVID-19 crisis, relations have ruptured at a most unexpected front—between China and Africa. Since April 8, reports and social media discussions about the eviction and maltreatment of Africans in the Chinese city of Guangzhou have gone viral, leading to a series of formal and…

International community looks to support Africa with debt relief, health aid This week, the G-20 nations agreed to suspend bilateral debt service payments until the end of the year for 76 low-income countries eligible for the World Bank’s most concessional lending via the International Development Association. The list of eligible countries includes 40 sub-Saharan African…

African countries, like others around the world, are contending with an unprecedented shock, which merits substantial and unconditional financial assistance in the spirit of Draghi’s “whatever it takes.” The region is already facing an unprecedented synchronized and deep crisis. At all levels—health, economic, social—institutions are already overstretched. Africa was almost at a sudden stop economically…

South Africa announces stimulus plan and a pathway for opening up As of this writing, the African continent has registered over 27,800 COVID-19 cases, with over 1,300 confirmed deaths, according to the Africa Centers for Disease Control and Prevention. Countries around the continent continue to instate various forms of social distancing restrictions: For example, in…

African governments take varying approaches to mitigate the spread of COVID-19 As of this writing, Africa has registered over 39,000 confirmed COVID-19 cases and 1,600 deaths, with most cases concentrated in the north of the continent as well as in South Africa. African countries have enacted various forms of lockdowns, external and internal border closures,…

Last month’s edition of the International Monetary Fund (IMF)’s biannual Regional Economic Outlook for Sub-Saharan Africa, which discusses economic developments and prospects for the region, pays special attention to the financial channels through which COVID-19 has—and will—impact the economic growth of the region. Notably, the authors of the report reduced their GDP growth estimates from…

Women and girls in Africa are among the most vulnerable groups exposed to the negative impacts of the coronavirus pandemic. Although preliminary evidence from China, Italy, and New York shows that men are at higher risk of contraction and death from the disease—more than 58 percent of COVID-19 patients were men, and they had an…

Ethiopia, Eritrea, Sudan political updates Ethiopia-Eritrea relations continue to thaw, as on Sunday, May 3, Eritrean president Isaias Afwerki, Foreign Minister Osman Saleh, and Presidential Advisor Yemane Ghebreab, visited Ethiopia, where they were received by Prime Minister Abiy Ahmed. During the two-day diplomatic visit, the leaders discussed bilateral cooperation and regional issues affecting both states,…

https://www.youtube.com/watch?v=u6-PSpx4dqU India’s electricity grid’s most complex and perhaps most critical layer is the distribution companies (Discoms) that retail electricity to consumers. They have historically faced numerous challenges of high losses, both financial and operational. COVID-19 has imposed new challenges on the entire sector, but Discoms are the lynchpin of the system.  In a panel discussion…

The Prime Minister of India held a meeting on April 30, 2020 to consider reforms in the mines and coal sector to jump-start the Indian economy in the backdrop of COVID-19. The mining sector, which is a primary supplier of raw materials to the manufacturing and infrastructure sectors, is being considered to play a crucial…

Like in other parts of the world, the Western Balkans are suffering a heavy blow as the novel coronavirus spreads. Governments are sending people home, and only a few businesses are allowed to operate. What began as a health shock has required a conscious—and necessary—temporary activity freeze to slow the spread of infection, leading to…

Since the United States first witnessed significant community spread of the coronavirus in March, each week has brought a fresh round of devastating economic news. From skyrocketing unemployment claims to new estimates of contracting GDP in the first quarter of 2020, there has been little respite from the growing awareness that COVID-19 is exacting unprecedented…

The COVID-19 pandemic is forcing some major adjustments to many aspects of our daily lives that will likely remain long after the crisis recedes: virtual learning, telework, and fewer hugs and handshakes, just to name a few. But in addition, let’s hope the crisis also drives a permanent overhaul of the nation’s woefully inadequate worker…

Even as the COVID-19 pandemic drags on, America has begun to open up for some business and limited social interaction, especially in parts of the country that did not bear the initial brunt of the coronavirus.  However, the number of counties where COVID-19 cases have reached “high-prevalence” status continues to expand. Our tracking of these…

The COVID-19 pandemic could not have come at a worse time for the Middle East. Since the U.S.-led international coalition secured the territorial defeat of ISIS three years ago, the region is still struggling to achieve lasting peace. Much of the region remains engulfed in ongoing conflict. The civil war has not ended in Syria,…

In the run-up to this week’s Virtual Spring Meetings, the International Monetary Fund (IMF) has stepped up and provided much-needed leadership to assure countries and financial markets that they have the resources and tools necessary to help address the worst global economic crisis since the institution was created in 1945. But, precisely because the IMF…

Like many other populist leaders around the world, including Donald Trump, Jair Bolsanaro in Brazil, and Imran Khan in Pakistan, Mexican President Andrés Manuel López Obrador (commonly known as AMLO) has mostly taken a dangerously dismissive and outright irresponsible attitude toward the coronavirus. Late into March, he failed to adopt any necessary preparation for the…

On March 8, some 80,000 women in Mexico marched to protest violence against women. A day later, many women stayed home away from work and public places to demand the Mexican government and society take actions to protect women from femicides and domestic violence. Then, as the coronavirus (COVID-19) started sweeping through the United States…

Saturday, March 14, 2020 was a historic day for education in Mexico. Through an official statement, the Secretariat of Public Education (SEP) informed students and their families that schools would close to reinforce the existing measures of social distancing in response to COVID-19 and in accordance with World Health Organization recommendations. Mexico began to implement…

That Mexican criminal groups have been handing out assistance to local populations in response to the COVID-19 pandemic sweeping through Mexico has generated much attention. Among the Mexican criminal groups that have jumped on the COVID-19 “humanitarian aid” bandwagon are the Cartel Jalisco Nueva Generación (CJNG), the Sinaloa Cartel, Los Viagras, the Gulf Cartel, and…

When the world economy was starting to face financial fragility, the external shock of the COVID-19 pandemic put it into freefall. In response, the United States Federal Reserve launched a series of facilities, including extending its swap lines to a number of other advanced economy central banks and to two emerging economies. Outside of the…

The global COVID-19 health and economic crisis compels us to act in the short-term—in the here and now. We can’t look away from the human health consequences without giving our best efforts to lessen the suffering of those infected. On the economic side, there is also great pain that must be assuaged. Some people are…

The coronavirus pandemic has exacted a devastating human toll on the Middle East and North Africa (MENA) region, with over 300,000 confirmed cases and 11,000 deaths to date. It has also pushed the region’s public healthcare systems to their limits, though countries differ greatly in their capacities to test, trace, quarantine, and treat affected individuals. MENA governments…

Women and girls in Africa are among the most vulnerable groups exposed to the negative impacts of the coronavirus pandemic. Although preliminary evidence from China, Italy, and New York shows that men are at higher risk of contraction and death from the disease—more than 58 percent of COVID-19 patients were men, and they had an…

A spate of recent news accounts reveals what many experts have feared: Black communities in the U.S. are experiencing some of the highest fatality rates from COVID-19. But without an understanding of the policy contexts that have shaped conditions in Black-majority neighborhoods, one may assume the rapid spread of the coronavirus there is caused by…

The COVID-19 pandemic is unmasking a lot of ugly economic and social truths across the Midwest, especially in my home state of Michigan. The appearance of a good economy in the Midwest following the Great Recession (which hit the region very hard) was a bit of an illusion. Prior to the arrival of the coronavirus,…

There is a stereotypical view of the places in America that COVID-19 has affected most: they are broadly urban, comprised predominantly of racial minorities, and strongly vote Democratic. This underlines the public’s perception of what kinds of populations reside in areas highly exposed to the coronavirus, as well as some of the recent political arguments…

Last month, I wrote about innovation districts’ critical efforts to mitigate the impacts of COVID-19. Since the outset of the pandemic, these districts have leveraged their academic research capabilities, innovation infrastructure (e.g., laboratories, advanced technologies, Big Data for modeling), and local and global peer networks to understand and contain the spread of the coronavirus. These…