Forecasting

Covid-19 forum

Global Economic Impact of Covid 19

UNIDO has published a study on the global economic impact of covid 19. Global GDP shrinkage vary between -8.8% (WTO) and -1% (UNDESA). Global Trade and Investment will be reduced by ranges between -32% (WTO) and -9% (IMF). The expected increase in the share of people living in extreme poverty will...
Covid-19 forum

FDI after covid 19

Airlines, hotels, restaurants and leisure, as well as manufacturing industries and the energy sector will be the hardest hit by the contraction of FDI according to a study publisjed by UNIDO. According to the UN Conference on Trade and Development (UNCTAD), global FDI flows are expected to contract...
Covid-19 forum

Housing in the EU after COVID-19

The COVID-19 crisis will affect the cost of living, out of which house prices and rents represent a major proportion. This is why Eurostat has published a study on the evolution of housing/renting from 2007 until 2019. Over the period 2007 until the fourth quarter of 2019, rents increased by 20.3%...
Covid-19 forum

Video conferencing vs. business travel

What will happen with business travel after the covid 19? What is certain is that, for the time being, video conferencing has achieved a dimension inimaginable only 2 months ago. Currently, the video conferencing company Zoom is now valued more than the combined market capitalization of the five...
Covid-19 forum

Family & Work after COVID-19

The restrictions imposed due to the COVID-19 crisis has put an additional stress on families with children. This will represent a challenge for the period to come. In that regard, Eurostat has published a statitsics showing the relationship between family and work in the European Union. In 2019...
Covid-19 forum

Covid 19 and the density of population

Density of population is one major vector to take into consideration when it comes to measures mitigating the spread of coronavirus. This is why Eurostat has published a statistics on the density of population in NUTS3 regions. Paris leads the top with 21044 inhabitants/skm. Overall, 4 French...
Covid-19 forum

Statistics before and after corona

COVID-19 has turned the world upside down, even the statistics. That's why UN's Committe for the Coordination of Statistical Activities has prepared a report called "How Covid is changing the world: a statistical perspective". The statistics presented in this report are unprecedented. We are...
Covid-19 forum

Girls and women among ICT students

More than 1.3 million people were studying ICT in the EU in 2018, out of which girls and women account for only 17% of all ICT students in the EU. However, the share of female ICT students were higher at higher education levels. Top 3 is led by Belgium (37%) followed by Romania (32%) and Bulgaria...
Covid-19 forum

Trends of the 2020s

"Climate emergency and antagonism", "A world divided by its values", "Choices over healthcare", "Reactions to uncertainty and inequality", "Capitalism’s turning point", "Peak globalisation", "Data dilemmas", "Conscientious health", "Authenticity is king", "The search for simplicity and meaning",...
Covid-19 forum

COVID-19 could spur automation and reverse globalisation

According to the Centre for Economic Policy Research, the immediate effect of the covid crisis was seen on the disruption of supply chains. On medium and long term it is expected that Industry 4.0 processes in enterprises (use of robots, 3D printing,smart factories) which have already started before...
Covid-19 forum

EU Study on the ethics of artificial intelligence

The European Parliamentary Research Service has recently published a very interesting study on "The Ethics of Artificial Intelligence: Issues and Initiatives" which deal with ethical implications and moral questions that arise from the development and implementation of AI technologies. The document...
Covid-19 forum

EU: Spring 2020 Economic Forecast

The Spring 2020 Economic Forecast of the European Union projects that the euro area economy will contract by a record 7.75 % in 2020 and grow by 6.25 % in 2021. The EU economy is forecast to contract by 7.5 % in 2020 and grow by around 6% in 2021. The shock to the EU economy is symmetric in that the...