Some commentary suggests a causal relationship between hiking interest rates and unemployment increasing. It’s not quite that simple, but the days of record high employment are probably numbered.
Academic rigor, journalistic flair
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Higher interest rates reduce demand for goods and services, which makes it harder for companies to raise prices. But there are risks as well.
While most areas experienced a reduction in air pollution in response to lockdown measures, other areas saw only small improvements or even an air quality deterioration.
South Africa’s economic recovery plan must focus on at least three areas: protecting vulnerable populations, supporting the vulnerable sectors and external trade diversification.
Service workers are some of the most at risk of both the coronavirus and financial woes.
Top contributors
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Professor of Economics, University of Waikato
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Professor of Sociology and Director of the Center for Employment Equity, UMass Amherst
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Research Director of the Center for Employment Equity, UMass Amherst
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Ph.D. Candidate in Communication, UMass Amherst
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Professor of Economics, Université de Lausanne
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Professor of Finance and Business Economics, University of Southern California
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Research Assistant, Center for Employment Equity, UMass Amherst
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PhD (Economics), University of Pretoria
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Dean of the Faculty of Economic and Management Sciences, University of Pretoria
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Professor of Economics, Université Le Havre Normandie
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Research engineer, Equipe d'Economie Le Havre Normandie, Université Le Havre Normandie
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Professor, Sol Plaatje University
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Assistant Professor, environmental economics, University of British Columbia
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PhD Candidate, Food & Resource Economics Group, University of British Columbia
