Monthly archives: April 2021

4 posts

De-Globalisation?

Pol Antràs: De-Globalisation? Global Value Chains in the Post-COVID-19 Age, in: NBER Working Paper Series, Working Paper Nr. 28115 (November 2020). This paper evaluates the extent to which the world economy has entered a phase of de-globalisation, and it offers some speculative thoughts on the future of global value chains in the post-COVID-19 age.

IMF: World Economic Outlook January 2021

International Monetary Fund (ed.): World Economic Outlook Update. Policy Support and Vaccines Expected to Lift Activity (January 2021). Policy Support and Vaccines Expected to Lift Activity From the report: “Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook.

Civil Liberties in Times of Crisis

Marcella Alsan, Luca Braghieri, Sarah Eichmeyer, Minjeong Joyce Kim, Stefanie Stantcheva, David Y. Yang: Civil Liberties in Times of Crisis, in: NBER Working Paper Series, Working Paper Nr. 27972 (October 2020). Civil liberties are sometimes considered non-tradable and “sacred,” and their protection a hallmark of democracies. Using representative surveys of 480,000 respondents from 15 countries, the Authors found that citizens demonstrate a clear willingness to trade off civil liberties for improved public health conditions during the COVID-19 pandemic.