PCR : Post Covid-19 Recovery
The pandemic has triggered an economic crisis such as the world has never seen. The economic downturn was followed by an unprecedented rebound. It all happened so fast. It left us with a torrent of numbers and seemingly inextricable questions. Welcome to PCR, a special limited series by The National in which we try to make sense of the numbers and answer important questions on the Post Covid-19 Recovery. Listen to prominent economists and business leaders as they explain the challenges and opportunities of a unique and often complex economic recovery. Join Mustafa Alrawi, assistant editor-in-chief as he explores the many features of the Post Covid-19 Recovery.
Episodes
Wednesday Dec 22, 2021
Episode 3: Trade disruptions and the future of globalisation
Wednesday Dec 22, 2021
Wednesday Dec 22, 2021
Fact No 1: no one really predicted the recovery to come with supply disruptions and bottlenecks.
Fact Number 2: there is a consensus that supply-chain disruptions are transitory. But what caused these bottlenecks in the first place? And what happens to the recovery if these disruptions persist longer than expected?
Could the pandemic and the recovery signal the end of globalisation as we know it?
Guests:Petya Koeva Brooks, Deputy Director in the IMF's Strategy, Policy, and Review Department
Simon MacAdam, Senior Global Economist at Capital Economics
Silja Baller, Insights Lead, Frontier Insights, the World Economic Forum
Mahir Rasheed, US economist at Oxford Economics
Narrated by: Mustafa Alrawi, The National's assistant editor-in-chief
Wednesday Dec 22, 2021
Episode 2: Employment and the future of work
Wednesday Dec 22, 2021
Wednesday Dec 22, 2021
The pandemic has caused the loss of 255 million full-time jobs, or approximately four times greater than the number lost during the 2009 global financial crisis, according to the International Labour Organisation. That’s equivalent to $3.7 trillion in lost labour income.
The pandemic has not only disrupted the labour market, it also triggered many transitions and in some cases a deep transformation of working tasks and arrangements. What do job mismatches tell us about the labour market ?
What are the underlying trends that are shaping the future of work ?
Guests:Petya Koeva Brooks, Deputy Director in the IMF's Strategy, Policy, and Review Department
Silja Baller , Insights Lead, Frontier Insights, the World Economic Forum
Lydia Boussour , Senior US Economist at Oxford Economics
Martin Hirt, Senior Partner at McKinsey and Company
Narrated by: Mustafa Alrawi, The National's assistant editor-in-chief
Wednesday Dec 22, 2021
Episode 1: The light-switch effect
Wednesday Dec 22, 2021
Wednesday Dec 22, 2021
What happens when the economy shuts down and then reopens almost overnight? Two years ago, this question would have sounded far-fetched. The scenario was simply unthinkable.
Today we are navigating through the complex reality of a light-switch-type economic recovery. The rebound has been uneven across countries and industries, creating mismatches and disruptions. Will the world emerge from the pandemic with wider fault lines between rich and poor countries or will the recovery be strong and even enough to bring prosperity and growth for developing countries?
Guests:Petya Koeva Brooks, Deputy Director in the IMF's Strategy, Policy and Review Department
Mahir Rasheed, US economist at Oxford Economics
Haitham Mattar, Managing Director of India, Middle East & Africa at IHG Hotels and Resorts
Ezra Greenberg, Partner, Strategy and Corporate Finance Practice at McKinsey and Company
Martin Hirt, Senior Partner at McKinsey and Company
Narrated by: Mustafa Alrawi, The National's assistant editor-in-chief