Fiscal policy, including automatic stabilizers and pandemic-related tax and spending legislation, played a significant role in cushioning the blows to the economy caused by COVID-19. Louise Sheiner, Sophia Campbell, Manuel Alcalá Kovalski, and Eric Milstein illustrate how fiscal policy has impacted the level of GDP over the course of the pandemic.
At least 44 countries around the world have entered the race for artificial intelligence (AI) success by creating their own national AI strategic plan. Samar Fatima, Gregory Dawson, Kevin Desouza, and James Denford discuss which countries are pulling ahead in this race and what they need to do to keep their edge.
COVID-related shutdowns have left significant scars on the fiscal position of sub-Saharan Africa and the market conditions it faces. Chris Heitzig, Aloysius Uche Ordu, and Lemma Senbet study the impact of the pandemic on debt sustainability and vulnerability in the region and shed light on the channels through which these impacts have taken place.
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