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Global Economics Update China’s export hubs in worst outbreak since Wuhan Half of China’s exports are produced in areas that are now experiencing COVID outbreaks and three quarters of its exports are shipped from them. It is still possible that infections can be suppressed... 16th March 2022 · 4 mins read
Global Economics Update Central banks likely to push ahead with monetary tightening The latest surge in global commodity prices has intensified the dilemma facing the world’s major central banks: on the one hand it will push headline inflation (and inflation expectations) even higher... 10th March 2022 · 4 mins read
Global Economics Update Financial contagion and known unknowns The rest of the world’s direct financial exposure to Russia has fallen in recent years and, in aggregate, is now small. This limits the risk of financial contagion from the collapse in Russia’s... 9th March 2022 · 5 mins read
Global Economics Focus Will labour shortages persist? Current labour shortages are not purely the result of short-term absenteeism related to the virus. Indeed, we estimate that around 80% of the shortfall can be explained by factors that will prove more... 8th March 2022 · 24 mins read
