Fiscal relief and stimulus measures will lead to strong economic growth in 2021. The U.S. economy started this year with momentum. In addition to the fiscal stimulus measures, the U.S. vaccination program has evolved very well and is likely to have increased confidence that the pandemic will gradually subside in the current year.
Category Archives: International and Monetary Economics
The Spanish Economy: Pandemic leaves deep scars
The pandemic leaves deep scars on the Spanish economy. Despite various remaining problems, there is hope for new dynamism.
What caught my eye: what is inflation, status vs. argument, what is Bidenomics, and much more…
What is inflation?
The German economy: the recovery has begun
Economic output in Germany contracted by 1.8 percent in the first quarter of 2021.
What caught my eye: are people more or less productive working from home, inflation expectations, the Greening of the financial system, and much more…
Why some people are less productive working from home
Inflation – is it coming or not?
In many countries, inflation increased in the spring – especially in April. While there is no need to panic, one should nevertheless be aware of potential inflation risks.
Japan: Recovery delayed
In Japan, economic output contracted significantly in the first quarter of 2021.
What caught my eye: Budgeting for the future, currency arrangements, the education of the future, and much more…
“Here’s how to get billions of COVID-19 vaccine doses to the world” by Chad P. Bown and Thomas J. Bollyky:
U.S. economy: The strong recovery continues
Fiscal relief and stimulus measures will lead to strong economic growth in 2021. In addition, the U.S. vaccination program has started well and is likely to have increased confidence that the pandemic will gradually subside in the current year. The very expansionary fiscal policy and the gradual easing of the containment measures will massively stimulate private consumption this year. In addition, many households accumulated savings last year which will be partly used for private consumption this year. I am optimistic for the U.S. economy and expect a GDP growth rate of around eight percent this year (the consensus still seems to be below 7 percent). Inflation will increase this year to around three percent, but will decrease again in 2022 to around two percent. In the medium-term, I expect somewhat higher inflation rates than in the pre-pandemic period of time.
What caught my eye: Inclusive prosperity, recession-proof your finances, central banks, and much more…
A policy matrix for inclusive prosperity, personal finances after the recession, introduction to pychology, and much more…