Inflation has now become a global issue which is threatening to further put pressure on household budgets. Naturally causing the poorest people to feel this pinch the most, especially in countries that are reliant on food imports like Trinidad and Tobago.
Shorter work weeks have lately been recommended as a way to sustain high employment in the aftermath of the Covid-19 outbreak (Frey et al, 2020). The assumption is that, similar to an extended furlough system for industries heavily hit by the pandemic, this would avert layoffs and facilitate a longer-term shift to more desirable patterns of working hours.
In the context of COVID-19 where there has been income losses and increased food prices due to movement restrictions, there is the creation of local shortages and higher food prices, which makes ensuring food security now and in the future more important than ever.
Populations all over the world are not healthy but they are progressing towards recovery, some faster than others. And why is that?
In order for the human body to recover when it becomes injured it needs to repair the broken blood vessels and grow new tissue, and red blood cells are integral in providing a foundation for this healing process. So, what does this have to with economics?
One of our contributors, Neeta Oudit, explains the likely reality of the highly anticipated COVID-19 vaccine.