Why has COVID-19 lockdown compliance varied between high- and low-income countries? (PIIE)

Most countries began implementing stringent measures to reduce the spread of the COVID-19 virus in March, including school and workplace closures, limits on public gatherings, and travel curbs. But did these measures actually achieve the result of restricting people moving out and about in the face of the disease? Thanks to smartphone data from Google, it is possible to measure the impact of pandemic-related lockdowns on personal mobility.

https://www.piie.com/blogs/realtime-economic-issues-watch/why-has-covid-19-lockdown-compliance-varied-between-high-and?utm_source=feedburner&utm_medium=%24%7Bfeed%7D&utm_campaign=Feed%3A+%24%7BRealTime%7D+%28%24%7BRealTime%7D%29

Julien Maire

Many migrant workers are excluded from China’s social programs (PIIE)

More than a fifth of China’s population have migrated from the countryside to join the urban workforce. These migrant workers have been indispensable to China’s economic growth but face exclusion from many social programs.

https://www.piie.com/research/piie-charts/many-migrant-workers-are-excluded-chinas-social-programs

Tianlei Huang

Senator Hawley channels Trump in his attack on the World Trade Organization (PIIE)

President Donald Trump and his trade advisers have often threatened to withdraw from the World Trade Organization (WTO). Now Senator Josh Hawley (R-MO) has introduced a joint resolution of Congress to do just that. The measure has no chance of passage. For one thing, the chairman of the Senate Finance Committee, Charles Grassley, is opposed, and lawmakers on all sides recognize the potential for more economic disruption in the middle of the biggest economic crisis since the Great Depression.

https://www.piie.com/blogs/trade-and-investment-policy-watch/senator-hawley-channels-trump-his-attack-world-trade

Jeffrey J. Schott (PIIE)

Banking regulation in the euro area: Germany is different (PIIE)

Despite progress in recent years toward a single banking policy framework in the euro area—a banking union—much of the German banking system has remained partly sheltered from uniform rules and disciplines that now apply to nearly all the area’s other banks.

https://www.piie.com/blogs/realtime-economic-issues-watch/banking-regulation-euro-area-germany-different

Nicolas Véron (PIIE)

Despite progress, gender parity among business leaders remains decades away (PIIE)

Despite steady progress since 1997, women remain elusive among the leadership of publicly listed firms.

https://www.piie.com/research/piie-charts/despite-progress-gender-parity-among-business-leaders-remains-decades-away

Soyoung Han (PIIE) and Marcus Noland (PIIE)

Companies with women in leadership positions are more profitable than those without (PIIE)

Firms with women in executive officer and director positions post higher annual profit margins than those without female leaders. Between 1997 and 2017, firms with at least one female director or executive officer consistently reported larger profit margins.

https://www.piie.com/research/piie-charts/companies-women-leadership-positions-are-more-profitable-those-without

Soyoung Han (PIIE) and Marcus Noland (PIIE)

Women’s legal rights lag farthest on parenthood and pay (PIIE)

In the eyes of the law, women throughout the world suffer unequal treatment compared with men, according to a study of 190 economies by the World Bank. This disparity shows up in all stages of a woman’s working life.

https://www.piie.com/research/piie-charts/womens-legal-rights-lag-farthest-parenthood-and-pay

Simeon Djankov (PIIE), Pinelopi Koujianou Goldberg (PIIE) and Marie Hyland (World Bank)

China’s net PPE exports plummeted in early 2020 but are recovering (PIIE)

As COVID-19 spread across China in January and February, domestic demand spiked for personal protective equipment (PPE), including respirators, surgical masks, hospital gloves, and medical goggles. In response, China increased its imports of PPE and reduced its exports to the rest of the world, shrinking the supply of critical medical gear available on global markets.

https://www.piie.com/research/piie-charts/chinas-net-ppe-exports-plummeted-early-2020-are-recovering

Chad P. Bown