Research Briefing
High-frequency data on numbers of employees and median pay suggest that the Covid-19 pandemic has not made the ‘north-south divide’...
Research Briefing
High-frequency data on numbers of employees and median pay suggest that the Covid-19 pandemic has not made the ‘north-south divide’...
Research Briefing
We expect Latin America to return to low trend growth in 2022, as policysupport is withdrawn and the easy gains...
Research Briefing
Canada will likely usher in another minority government when voters hit the polls on Sept 20, led by either the...
Research Briefing
Recent political shifts have increased the odds of Germany loosening its tight national fiscal rules after the September elections, which...
Research Briefing
Oil exports from Saudi Arabia soared to SAR61.5bn in June, a 123% increase from a year earlier, as oil output...
Research Briefing
Sweden’s economy grew by 0.9% q/q in Q2 according to the flash estimate. This was below our forecast and driven...
Research Briefing
Saudi Arabia’s GDP rose 1.5% y/y in Q2 according to the flash estimate. This was mainly driven by a boost...
Research Briefing
Oil prices have stabilised around $75pb following the OPEC+ deal earlier thismonth to taper production cuts starting in August. The...
Research Briefing
Sweden’s economy grew by 0.4% in May according to the monthly GDPindicator. This followed strong growth in March and a...
Research Briefing
Canadian Households accumulated C$184bn in gross excess savings between Q1 2020 and Q1 2021. That pool likely expanded as tighter...
Research Briefing
Due to ongoing pandemic-related spending needs, we now expect Indonesia’s fiscal deficit will narrow to 3% of GDP only by...
Research Briefing
If implemented, the global tax reforms agreed at this month’s G7 meeting would set a floor for corporate tax rates...
Research Briefing
Our June forecasts contained a substantial upward revision to growth in 2021 and 2022. We now forecast growth of 5.3%...
Research Briefing
Current climate action pledges won’t contain global warming to well below 2°C in line with the Paris Agreement. If decisive...
Research Briefing
The South African government has been struggling to rein in the public sector wage bill in the past. This seems...
Research Briefing
Though the budget deficit remains very high, monthly borrowing totals haveconsistently undershot the OBR’s forecasts. We expect this to continue...
With the American Rescue Plan, US President Biden is implementing a stimulus program of historic proportions. Coming on top of...
Research Briefing
Australia’s remarkably strong economic performance since the onset of the pandemic has led to a marked revision to the budget...
Research Briefing
The Canadian economy will get a significant fiscal stimulus boost as it emerges from the coronavirus crisis. We see the...
As the Australian economy recovers from the COVID-19 recession, we are at a critical juncture in policy in Australia. Policy...