Analysis & Opinions

This Week in COVID-19 and Economic Diplomacy: ‘Pandemic’s Impact Far From Complete’

| Oct. 09, 2020

Our weekly COVID-19 and Economic Diplomacy tracker looks at policies that impact the coordination of international governments and central banks, ongoing commentary and analysis, and asks what these turbulent times mean for economic diplomacy. 

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The Highlights

  • Fed Chair Jerome Powell states the need for more fiscal stimulus with September’s optimistic economic forecast assuming additional fiscal support. 
  • Spain announces plans to create 800,00 jobs over the next three years using €72 billion from the EU recovery fund. 
  • Foreign investor demand for Chinese assets raises the prospects of the renminbi becoming a currency reserve. 

U.S. Developments

European Developments

Emerging Markets

Odds and Ends

For more information on this publication: Belfer Communications Office
For Academic Citation: Suh, Hannah.“This Week in COVID-19 and Economic Diplomacy: ‘Pandemic’s Impact Far From Complete’.” , October 9, 2020.

The Author