Trends Under the Macroscope #21 - How big is the digital economy?
Digitization is virtually everywhere. It is transforming the ways of consuming and producing, and therefore the business model of companies. But just how big is the digital economy?
Digitization is virtually everywhere. It is transforming the ways of consuming and producing, and therefore the business model of companies. But just how big is the digital economy?
Since arriving at the White House, Joe Biden has announced very ambitious climate goals. However, the success of his climate policy will depend very much on whether or not the infrastructure plans, currently being negotiated in Congress, are passed.
While the idea that accommodative monetary policies imply an increase in inequalities, a research paper presented at the Jackson Hole central bankers conference reverses the causality and tends to suggest that it is the rise in inequalities that causes the decline in equilibrium interest rates.
The European climate law has been therefore formally adopted by the European Council on June 28, after its adoption by the European Parliament a few days earlier. The EU objective of carbon neutrality by 2050 is now enshrined in law. The Commission will unveil on July 14 the “Fit for 55” package detailing the measures to be taken to reach this objective.
The US Senate has just passed a bill allowing significant investments in research and development. Its objective is to counter the emergence and the ambitions of China in the industries of the future
Whereas global inequalities had been falling for decades, they went up because of the covid crisis
The recent increase in the number of cyberattacks implies that cybersecurity is becoming a very mandatory investment for companies and governments
It is now very likely that remote working will stick. And the economic consequences of this change of the way of working are significant