April 6, 2021/OilPrice.com Chart of the Week – U.S. energy consumption declined by 93 quadrillion BTUs in 2020, a 7% decline from the year before. That is the largest annual decline since EIA data collection began back in 1949. – By comparison, U.S. energy consumption declined by 5% from the […]
OPINION/EDITORIAL
An Asynchronous and Divergent Recovery May Put Financial Stability at Risk
April 6, 2021/IMFBlog By Tobias Adrian After enduring a tumultuous 2020, the global economy is finally emerging from the worst phases of the COVID-19 pandemic, albeit with prospects diverging starkly across regions and countries—and only after a “lost year” spent in suspended animation. The economic trauma would have been much […]
Managing Divergent Recoveries
April 6, 2021/IMFBlog By Gita Gopinath It is one year into the COVID-19 pandemic and the global community still confronts extreme social and economic strain as the human toll rises and millions remain unemployed. Yet, even with high uncertainty about the path of the pandemic, a way out of this […]
