Economic insights

Jun 19, 2020

Construction companies in Europe: Size does matter

Covid-19 is sparking a profitability shock for SMEs in the construction sector.

Jun 17, 2020

The risk of 9 million zombie jobs in Europe

We estimate that 20% of those currently enrolled in short-work schemes face an elevated risk of becoming unemployed in 2021 because of the muted recovery in late bloomer sectors and the policy cliff effect.

Jun 12, 2020

Equity markets: Have policymakers created Pavlovian markets?

Wall Street is responding faster and faster to counter-cyclical policies, as if it was 100% sure that past experience is a sure guide to the future.

Jun 09, 2020

Rough landing: 2020 will be a terrible year for air transportation

Global demand in air transport will not return to its pre-Covid-19 level before 2023.

Jun 04, 2020

Managing the curves: Shaping a sustainable Covid-19 recovery

The Covid-19 pandemic represents a historic window of opportunity to accelerate the global transition to a net zero emission society.

Jun 04, 2020

Social Risk Index: Structural determinants of social risk

As the Covid-19 pandemic pushes the global economy into the worst recession since WWII, systemic social risk could become a more important factor of political risk and worsen the business climate in some countries.

Jun 03, 2020

Eurozone Kurzarbeit - This time is different

For Kurzarbeit to prove successful, policymakers will have to walk a fine line between defusing the ticking labor market time bomb while staying away from fueling large scale zombie employment that could constrain the region’s growth potential.