Economist, Visiting Professor, Lecturer, Writer, Public Speaker.
Since the appearance of COVID-19, there has been a massive decline in global trade. World Trade Organisation figures suggest that it could fall be about a third this year. But some context is required here. The reduction is taking place mainly due to the voluntary shutdown of the global economy to fight the Coronavirus. This …
Continue reading “Globalisation is not the cause of the pandemic”
One in 100-year events are supposed to be rare, but we have had two within the last ten years. The first was the global financial crisis in 2008 / 2009. The second is now the global pandemic. It means they are happening with more frequency, and as a result, we should be expecting another one …
Continue reading “The economy after the pandemic – what are the lasting effects?”
As Mark Carney prepares to make way for new governor Andrew Bailey, he’s voiced the suggestion that UK interest rates could be cut if the economy wobbles in early 2020. His view may be in anticipation, as some have concluded, of an economic shock resulting from the UK’s exit from the UK on 31st January. …