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Gender and Race in the Spotlight during the COVID-19 Pandemic
Our newest Research Scholar Luiza Nassif Pires led a study along with Luísa Cardoso and Ana Luíza Matos de Oliveira that found Brazil’s “Emergency Benefit” policy brought the poverty rate to historically low levels and narrowed poverty gaps in terms of gender and race in 2020. Recently approved changes to the policy, however, will threaten this progress in 2021—with a particularly harmful impact for black women.
The Pandemic, the Stimulus, and the Future Prospects for the US Economy
In our latest strategic analysis for the US economy, Institute President Dimitri B. Papadimitriou and Research Scholars Michalis Nikiforos and Gennaro Zezza lay out how the pandemic has affected the financial balances of the main sectors of the US economy over the past year, and what the prospects for recovery look like in the near term. In addition to explaining why current fears of an inflationary spiral are overblown, this report identifies sources of instability in the bases of US economic growth and simulates alternative policy scenarios.
Papadimitriou and Zezza also joined up with Christos Pierros and Nikolaos Rodousakis of the Labour Institute of the General Confederation of Greek Workers—the research arm of a Greek trade union—to analyze the path of Greece’s economy, the consequences should European leaders fail to deliver the EU Recovery Funds in a timely manner, and the potential benefits for Greece of a Minskyan employer-of-last resort program: Restarting the Greek Economy?
Upcoming Research
Senior Scholar Ajit Zacharias, Research Scholars Thomas Masterson and Fernando Rios-Avila, and Abena D. Oduro will be releasing a report using the Levy Institute Measure of Time and Consumption Poverty (an alternative measure of poverty that has been adopted by a number of national statistical agencies in the developing world) to assess the feasibility and potential effectiveness of addressing gender disparities in the division of household work in order to alleviate the impoverishing effects of time deficits in four sub-Saharan African nations: Ethiopia, Ghana, South Africa, and Tanzania.
And Yeva Nersisyan and Senior Scholar L. Randall Wray set out an alternative framework for thinking about how to budget for President Biden’s proposed public investments in infrastructure and care.
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