The World Economy – what caught my eye this week: The IMF World Economic Outlook, international trade, semiconductor value chains, and the Fiscal State in Africa

The IMF World Economic Outlook (their forecasts for the United States and the United Kingdom are quite similar to my own recent forecasts. You can find them here and here):

https://www.imf.org/en/Publications/WEO/Issues/2020/09/30/world-economic-outlook-october-2020

International trade showed signs of rebound (but what will happen in the next months?):

https://www.wto.org/english/news_e/pres20_e/pr862_e.htm

“The Fiscal State in Africa: Evidence from a century of growth” (by Morten Jerven):

https://www.mortenjerven.com/the-fiscal-state-in-africa-evidence-from-a-century-of-growth/?

The global semiconductor value chain:

“The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival” (by C.A.E. Goodhart and Manoj Pradhan):

https://www.suerf.org/policynotes/17385/the-great-demographic-reversal-ageing-societies-waning-inequality-and-an-inflation-revival?

“How persistent will the impact of Covid-19 on unemployment be?” (in the United Kingdom):

https://www.bankofengland.co.uk/bank-overground/2020/how-persistent-will-the–impact-of-covid-19-on-unemployment-be?

The Future of Work report by the company Talent Alpha. They write: “Covid-19 and the acceleration of digital transformation are dramatically shifting how we manage people and their skills”:

https://talent-alpha.com/future-of-work-report/

“Fostering the cross-border integration of banking groups in the banking union”. By Andrea Enria, Chair of the Supervisory Board of the ECB, and Edouard Fernandez-Bollo, Member of the Supervisory Board of the ECB:

https://www.bankingsupervision.europa.eu/press/blog/2020/html/ssm.blog201009~bc7ef4e6f8.en.html?

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