American incomes surge in January due to pandemic aid

An injection of pandemic aid filled Americans' wallets last month, though spending rose modestly, according to government data released Friday, giving a boost to the economy as it claws its way back from recession.

New economic model may prevent problems with capital flow

The sudden halt of capital flow within a country indicates, according to experts, a bottleneck related to its foreign finance: That is to say, the bankruptcy of the country, as it leads to the contraction of international ...

Governments will determine the economic consequences of COVID-19

Measures taken by governments in the coming months to control COVID-19 will determine the impact of the pandemic on the global and national economies, according to Oxford professor of economics Simon Wren-Lewis. In his latest ...

The GDP fudge: China edition

For all its shortcomings, the gross domestic product (GDP) of a country remains an important barometer of its economic health, strongly influencing both private and public spending. Though conceptually simple as the total ...

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