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 ...

Coronavirus could hobble Chinese economy at a precarious moment

This week, as the danger of the coronavirus outbreak in China became apparent, airlines suspended flights to the Chinese mainland and multinational companies shut down their activities there. We asked Stephen Roach, a senior ...

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