VoxEU.org: Popular Articles Research-based policy analysis and commentary from leading economists http://www.thethao247web.net/ en Sun, 21 Jun 2020 12:15:56 +0100 Mon, 22 Jun 2020 00:00:01 +0100 <a href="/article/impact-covid-19-education">The impact of COVID-19 on education </a> http://www.thethao247web.net/article/impact-covid-19-education <p>The global lockdown of education institutions is going to cause major (and likely unequal) interruption in students’ learning; disruptions in internal assessments; and the cancellation of public assessments for qualifications or their replacement by an inferior alternative. This column discusses what can be done to mitigate these negative impacts.</p> <span class="date-display-single">Wed, 01 Apr 2020</span> VoxEU.org: Popular Articles <a href="/article/impact-covid-19-education">The impact of COVID-19 on education </a> Burgess, Sievertsen <p>The global lockdown of education institutions is going to cause major (and likely unequal) interruption in students’ learning; disruptions in internal assessments; and the cancellation of public assessments for qualifications or their replacement by an inferior alternative. This column discusses what can be done to mitigate these negative impacts.</p> VoxEU <span class="date-display-single">Wed, 01 Apr 2020</span> http://www.thethao247web.net/article/impact-covid-19-education <a href="/article/tale-two-depressions-what-do-new-data-tell-us-february-2010-update">A tale of two depressions: What do the new data tell us? February 2010 update</a> http://www.thethao247web.net/article/tale-two-depressions-what-do-new-data-tell-us-february-2010-update <p>This column updates the original Vox columns by Barry Eichengreen and Kevin O’Rourke comparing today’s global crisis to the Great Depression. The three previous columns have shattered all Vox readership records with over 450,000 views. This latest edition covers up to February 2010 showing that, while there is cause for optimism, there is no room for complacency.</p> <span class="date-display-single">Mon, 08 Mar 2010</span> VoxEU.org: Popular Articles <a href="/article/tale-two-depressions-what-do-new-data-tell-us-february-2010-update">A tale of two depressions: What do the new data tell us? February 2010 update</a> Eichengreen, O'Rourke <p>This column updates the original Vox columns by Barry Eichengreen and Kevin O’Rourke comparing today’s global crisis to the Great Depression. The three previous columns have shattered all Vox readership records with over 450,000 views. This latest edition covers up to February 2010 showing that, while there is cause for optimism, there is no room for complacency.</p> VoxEU <span class="date-display-single">Mon, 08 Mar 2010</span> http://www.thethao247web.net/article/tale-two-depressions-what-do-new-data-tell-us-february-2010-update <a href="/article/unmasked-effect-face-masks-spread-covid-19">Unmasked! The effect of face masks on the spread of COVID-19</a> http://www.thethao247web.net/article/unmasked-effect-face-masks-spread-covid-19 <p>Confronted with a novel, aggressive coronavirus, Germany implemented measures to reduce its spread since March 2020. Requiring people to wear face masks in public places has, however, been a subject of controversy and isolating the effect of mask-wearing on the spread of COVID-19 is not simple. This column looks at the town of Jena and other German regions that introduced face masks before the rest of the country to see whether the requirement makes a difference in the number of new COVID-19 cases. Requiring face masks to be worn decreases the growth rate of COVID-19 cases by about 40% in Germany.</p> <span class="date-display-single">Mon, 22 Jun 2020</span> VoxEU.org: Popular Articles <a href="/article/unmasked-effect-face-masks-spread-covid-19">Unmasked! The effect of face masks on the spread of COVID-19</a> Mitze, Kosfeld, Rode, Wälde <p>Confronted with a novel, aggressive coronavirus, Germany implemented measures to reduce its spread since March 2020. Requiring people to wear face masks in public places has, however, been a subject of controversy and isolating the effect of mask-wearing on the spread of COVID-19 is not simple. This column looks at the town of Jena and other German regions that introduced face masks before the rest of the country to see whether the requirement makes a difference in the number of new COVID-19 cases. Requiring face masks to be worn decreases the growth rate of COVID-19 cases by about 40% in Germany.</p> VoxEU <span class="date-display-single">Mon, 22 Jun 2020</span> http://www.thethao247web.net/article/unmasked-effect-face-masks-spread-covid-19 <a href="/article/colonialism-and-development-africa">Colonialism and development in Africa</a> http://www.thethao247web.net/article/colonialism-and-development-africa <p>Most of Africa spent two generations under colonial rule. This column argues that, contrary to some recent commentaries highlighting the benefits of colonialism, it is this intense experience that has significantly retarded economic development across the continent. Relative to any plausible counterfactual, Africa is poorer today than it would have been had colonialism not occurred.</p> <span class="date-display-single">Thu, 10 Jan 2013</span> VoxEU.org: Popular Articles <a href="/article/colonialism-and-development-africa">Colonialism and development in Africa</a> Heldring, Robinson <p>Most of Africa spent two generations under colonial rule. This column argues that, contrary to some recent commentaries highlighting the benefits of colonialism, it is this intense experience that has significantly retarded economic development across the continent. Relative to any plausible counterfactual, Africa is poorer today than it would have been had colonialism not occurred.</p> VoxEU <span class="date-display-single">Thu, 10 Jan 2013</span> http://www.thethao247web.net/article/colonialism-and-development-africa <a href="/article/why-was-industrial-revolution-british">Why was the Industrial Revolution British?</a> http://www.thethao247web.net/article/why-was-industrial-revolution-british <p>It is still not clear among economic historians why the Industrial Revolution actually took place in 18th century Britain. This column explains that it is the British Empire’s success in international trade that created Britain’s high wage, cheap energy economy, and it was the spring board for the Industrial Revolution.</p> <span class="date-display-single">Fri, 15 May 2009</span> VoxEU.org: Popular Articles <a href="/article/why-was-industrial-revolution-british">Why was the Industrial Revolution British?</a> Allen <p>It is still not clear among economic historians why the Industrial Revolution actually took place in 18th century Britain. This column explains that it is the British Empire’s success in international trade that created Britain’s high wage, cheap energy economy, and it was the spring board for the Industrial Revolution.</p> VoxEU <span class="date-display-single">Fri, 15 May 2009</span> http://www.thethao247web.net/article/why-was-industrial-revolution-british <a href="/article/economic-impact-colonialism">The economic impact of colonialism</a> http://www.thethao247web.net/article/economic-impact-colonialism <p>The immense economic inequality we observe in the world today is the path-dependent outcome of a multitude of historical processes, one of the most important of which has been European colonialism. This column, taken from a recent Vox eBook, discusses how colonialism has shaped modern inequality in several fundamental, but heterogeneous, ways.</p> <span class="date-display-single">Mon, 30 Jan 2017</span> VoxEU.org: Popular Articles <a href="/article/economic-impact-colonialism">The economic impact of colonialism</a> Acemoğlu, Robinson <p>The immense economic inequality we observe in the world today is the path-dependent outcome of a multitude of historical processes, one of the most important of which has been European colonialism. This column, taken from a recent Vox eBook, discusses how colonialism has shaped modern inequality in several fundamental, but heterogeneous, ways.</p> VoxEU <span class="date-display-single">Mon, 30 Jan 2017</span> http://www.thethao247web.net/article/economic-impact-colonialism <a href="/article/eurozone-breakup-would-trigger-mother-all-financial-crises">Eurozone breakup would trigger the mother of all financial crises</a> http://www.thethao247web.net/article/eurozone-breakup-would-trigger-mother-all-financial-crises <p>Originally posted 17 November 2007, this Vox column is more relevant than ever arguing that adopting the euro is effectively irreversible. Leaving would require lengthy preparations, which, given the anticipated devaluation, would trigger the mother of all financial crises. National households and firms would shift deposits to other Eurozone banks producing a system-wide bank run. Investors, trying to escape, would create a bond-market crisis. Here is what the train wreck would look like.</p> <span class="date-display-single">Tue, 04 May 2010</span> VoxEU.org: Popular Articles <a href="/article/eurozone-breakup-would-trigger-mother-all-financial-crises">Eurozone breakup would trigger the mother of all financial crises</a> Eichengreen <p>Originally posted 17 November 2007, this Vox column is more relevant than ever arguing that adopting the euro is effectively irreversible. Leaving would require lengthy preparations, which, given the anticipated devaluation, would trigger the mother of all financial crises. National households and firms would shift deposits to other Eurozone banks producing a system-wide bank run. Investors, trying to escape, would create a bond-market crisis. Here is what the train wreck would look like.</p> VoxEU <span class="date-display-single">Tue, 04 May 2010</span> http://www.thethao247web.net/article/eurozone-breakup-would-trigger-mother-all-financial-crises <a href="/article/panic-driven-austerity-eurozone-and-its-implications">Panic-driven austerity in the Eurozone and its implications</a> http://www.thethao247web.net/article/panic-driven-austerity-eurozone-and-its-implications <p>Eurozone policy seems driven by market sentiment. This column argues that fear and panic led to excessive, and possibly self-defeating, austerity in the south while failing to induce offsetting stimulus in the north. The resulting deflation bias produced the double-dip recession and perhaps more dire consequences. As it becomes obvious that austerity produces unnecessary suffering, millions may seek liberation from ‘euro shackles’.</p> <span class="date-display-single">Thu, 21 Feb 2013</span> VoxEU.org: Popular Articles <a href="/article/panic-driven-austerity-eurozone-and-its-implications">Panic-driven austerity in the Eurozone and its implications</a> De Grauwe, Ji <p>Eurozone policy seems driven by market sentiment. This column argues that fear and panic led to excessive, and possibly self-defeating, austerity in the south while failing to induce offsetting stimulus in the north. The resulting deflation bias produced the double-dip recession and perhaps more dire consequences. As it becomes obvious that austerity produces unnecessary suffering, millions may seek liberation from ‘euro shackles’.</p> VoxEU <span class="date-display-single">Thu, 21 Feb 2013</span> http://www.thethao247web.net/article/panic-driven-austerity-eurozone-and-its-implications <a href="/article/educated-america-college-graduates-and-high-school-dropouts">Educated in America: College graduates and high school dropouts</a> http://www.thethao247web.net/article/educated-america-college-graduates-and-high-school-dropouts <p>Official statistics for US high school graduation rates mask a growing educational divide. This column presents research showing that a record number of Americans are going to university – while an increasing number are dropping out of high school. This poses major social challenges for the United States.</p> <span class="date-display-single">Wed, 13 Feb 2008</span> VoxEU.org: Popular Articles <a href="/article/educated-america-college-graduates-and-high-school-dropouts">Educated in America: College graduates and high school dropouts</a> Heckman, LaFontaine <p>Official statistics for US high school graduation rates mask a growing educational divide. This column presents research showing that a record number of Americans are going to university – while an increasing number are dropping out of high school. This poses major social challenges for the United States.</p> VoxEU <span class="date-display-single">Wed, 13 Feb 2008</span> http://www.thethao247web.net/article/educated-america-college-graduates-and-high-school-dropouts <a href="/article/debt-deleveraging-and-liquidity-trap-new-model">Debt, deleveraging, and the liquidity trap: A new model</a> http://www.thethao247web.net/article/debt-deleveraging-and-liquidity-trap-new-model <p>Debt is the crux of advanced economies’ current policy debates. Some argue for fiscal expansion to avoid recession and deflation. Others claim that you can’t solve a debt-created problem with more debt. This column explains the core logic of a new model by Eggertsson and Krugman in which debt shocks and policy reactions can be examined. Relying on heterogeneous agents, the model naturally produces the paradox of thrift but also finds new supply-side paradoxes, those of toil and flexibility. The model suggests that most economists have been misthinking the issues and that actual policy in the US and EU is misguided. </p> <span class="date-display-single">Thu, 18 Nov 2010</span> VoxEU.org: Popular Articles <a href="/article/debt-deleveraging-and-liquidity-trap-new-model">Debt, deleveraging, and the liquidity trap: A new model</a> Krugman <p>Debt is the crux of advanced economies’ current policy debates. Some argue for fiscal expansion to avoid recession and deflation. Others claim that you can’t solve a debt-created problem with more debt. This column explains the core logic of a new model by Eggertsson and Krugman in which debt shocks and policy reactions can be examined. Relying on heterogeneous agents, the model naturally produces the paradox of thrift but also finds new supply-side paradoxes, those of toil and flexibility. The model suggests that most economists have been misthinking the issues and that actual policy in the US and EU is misguided. </p> VoxEU <span class="date-display-single">Thu, 18 Nov 2010</span> http://www.thethao247web.net/article/debt-deleveraging-and-liquidity-trap-new-model