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Rescue plan

Joe Biden’s US$1.9 trillion stimulus won't be enough to reignite world economy on its own, says Michael Kitson of Cambridge Judge Business School. By Michael Kitson The economic orthodoxy has long been that governments should try to balance their books…

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USA flag and contemporary glass architecture of Financial District, New York City, USA.

The Conversation: Joe Biden’s US$1.9 trillion stimulus won’t be enough to reignite world economy on its own

Michael Kitson, University Senior Lecturer in International Macroeconomics at Cambridge Judge Business School, discusses Joe Biden’s US$1.9 trillion stimulus to reignite the US economy. “The impact of this fiscal stimulus on the US economy will depend on how consumers and…

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COVID-19 economic impact

The coronavirus pandemic will likely reduce real world GDP by three per cent by the end of 2021 below pre-crisis predictions, says new paper co-authored by Dr Kamiar Mohaddes of Cambridge Judge. Kamiar Mohaddes The coronavirus pandemic will likely reduce…

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Coronavirus market crash and financial crisis.

Fox Business: Jeff Bezos spends almost $800M on Earth fund

A paper on the long-term economic losses associated with climate change by Dr Kamiar Mohaddes, University Senior Lecturer in Economics & Policy at Cambridge Judge Business School, covered by Fox News. The study suggests that at least 7 per cent…

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West to East

State-directed capitalism rather than trade imbalance is the real US worry about China, Michael Kitson tells the Risk Summit of the Centre for Risk Studies. The state-directed nature of Chinese capitalism that allows longer-term investments is likely of greater concern…

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World Economic Forum: $82 trillion over 5 years? Cambridge study counts the cost of coronavirus

The [email protected] over the next five years from the coronavirus pandemic could range from an optimistic loss of $3.3 trillion under a rapid recovery scenario to $82.4 trillion in an economic depression scenario, says the Centre for Risk Studies at…

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International Business Times: Coronavirus impact on business

The [email protected] over the next five years from the coronavirus pandemic could range from an optimistic loss of $3.3 trillion under a rapid recovery scenario to $82.4 trillion in an economic depression scenario, according to the Centre for Risk Studies…

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Economic impact

The [email protected] over five years from COVID-19 could range from $3.3 trillion to $82 trillion, says the Centre for Risk Studies. The [email protected] over the next five years from the coronavirus pandemic could range from an optimistic loss of $3.3…

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Insurance Journal: $584 billion at risk from catastrophic events in 2020 according to Cambridge study

A report by the Centre for Risk Studies is quoted in the article. The report looked at the impact of catastrophic events on global GDP and found that “roughly $584 billion could be wiped from the global economy from such…

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Only Strategic: Global Risk Index suggests around $584bn could be lost in 2020

Around $584 billion could be wiped off the global economy by catastrophic events in 2020, according to an annual Global Risk Index by the Centre for Risk Studies at Cambridge Judge. The index measures the potential impact on 279 major…

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