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Mitigating Long-Term Unemployment in Europe (IMF, 24 page read) For those interested in EU labour markets, the COVID-19 pandemic could likely aggravate the long-term unemployment. Skills mismatches, a high share of NEET and declining labour market efficiency are to blame. Policy will play an important role moving forward.
Corporate dollar debt and depreciations: all’s well that ends well? (BIS, 63 page read) EM study finds that FX depreciations lead to lower corporate investment.
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