Pandemic Recovery

This guidance is an update of WHO global influenza preparedness plan: the role of WHO and recommendations for national measures before and during pandemics, published March 2005 (WHO/CDS/CSR/GIP/2005.5).

This timely book offers an integrated and pragmatic approach to understanding recovery from all types of shock. Whilst particular focus is given to identifying and exploring various aspects of recovering societies in the context of COVID-19, Pandemic Recovery? is framed with a wider appreciation of other societal challenges, most notably anthropogenic climate change.

The importance of ports is undeniable in the trade industry. The ports play a pivotal role in facilitating economic activities, especially in imports and exports. However, this year has been afflicted by the COVID-19 pandemic which caused a global economic downturn, and the port sector was not spared. MIMA with the support from the Ministry of Transport Malaysia, Port Klang Authority, Johor Port Authority, Kuantan Port Authority, and Kuantan Port Consortium organised a Webinar on Port Governance and Management: Post-Pandemic Recovery on the 30th of November 2020. Key takeaways from the Webinar are as follows:

We estimate the role of (pre-Ukraine war) supply disruptions in constraining the Covid-19 pandemic recovery, for several advanced economies and emerging markets, and globally. We rely on two approaches. In the first approach, we use sign-restricted Vector Auto Regressions (SVAR) to identify supply and demand shocks in manufacturing, based on the co-movement of surveys on new orders and suppliers’ delivery times. The effects of these shocks on industrial production and GDP are recovered through a combination of local projection methods and the input-output framework in Acemoglu et al. (2016). In the second approach, we use the IMF’s G20 model to gauge the importance of supply shocks in jointly driving activity and inflation surprises. We find that supply disruptions subtracted between 0.5 and 1.2 percent from global value added during the global recovery in 2021, while also adding about 1 percent to global core inflation that same year.

This guide will be a high-value resource for your organization that includes elements related to many areas pertinent to pandemic-related functioning, business strategy, organizational design, operation, legal considerations, and MORE! It's a must-read for all business managers and organizational leaders. The utilization tools discussed can be helpful in creating growth for your organization as they emerge from the constraints of the ongoing pandemic. Secure your copy now and implement the knowledge of experienced professionals to optimize your organization's market share and profitability!

Why are some global financial crises more difficult to recover from than others? What steps are necessary in ensuring that financial stability and recovery is facilitated? What kind of environment has the previous financial environment evolved to? And what kind of financial products have contributed to greater vulnerability in the triggering of systemic risks? These are some of the questions that this book addresses. It also highlights the role and importance of various actors in post-crises reforms, the huge impact of certain factors, and products that are exacerbating the magnitude and speed of transmission of financial contagion. This book provides insight into why global financial crises have become more complicated to address than ever before. The author doesn’t merely identify and highlight the general root causes of global financial crises and the current issues, but gives recommendations for measures which could limit the magnitude and severity of global financial crises.

The pandemic has urged countries around the globe to mobilize financing to support the recovery. This is even more relevant in Central America, where the policy response to cushion the pandemic’s economic and social impact has accentuated pre-existing debt vulnerabilities. This paper documents the potential for local currency bond markets to diversify and expand financing for the recovery, lowering bond yields, funding volatility, and exposure to global shocks. The paper further identifies priority actions, both national and regional, to support market development.

We study the global inflation surge during the pandemic recovery and the implications for aggregate and sectoral Phillips curves. We provide evidence that Phillips curves shifted up and steepened across advanced economies, and that differences in the inflation response across sectors imply the relative price of goods has been pro-cyclical this time around rather than a-cyclical as during previous cycles. We show analytically that these three features emerge endogenously in a two-sector new-Keynesian model when we introduce unbalanced recoveries that run against a supply constraint in the goods sector. A calibrated exercise shows that the resulting changes to the output-inflation relation are quantitatively important and improve the model's ability to replicate the inflation surge during this period.