Pandemic

The World Health Organization's 1st foresight report, “Imagining the Future of Pandemics and Epidemics”, attempts to explore what the future of infectious threats might look like, using a short time horizon (3-5 years) to encourage immediate action. Inspired by the COVID-19 pandemic, the report sets out possible scenarios which are not predictions of the future, but instead invite us to imagine the different directions that the current and future pandemics might take and to expand the range of plausible futures. The scenarios are an opportunity to identify possible risks and solutions, discuss implications and propose actions aimed at preventing the occurrence or mitigating the impact of the current and future infectious threats.

The measurement of non-market output, characterised by providing goods and services without economically significant prices, has always proved challenging for compilers of the National Accounts. Various approaches are available to meet these challenges, often resulting in slight differences in methodology between countries. Government policies, introduced in response to the coronavirus (COVID-19) pandemic exacerbated some of these existing differences, potentially influencing the GDP estimates across countries. This joint paper by the United Kingdom Office for National Statistics (ONS) and the Organisation for Economic Cooperation and Development (OECD) explains the methodological options available to statistical compilers and explores differences in methodologies used by countries to measure non-market output, analysing their implications for international comparisons of GDP growth during the COVID-19 pandemic.

This book analyses the structural and short-term causes of Latin America´s crisis and build scenarios of alternative post-pandemic trajectories. The authors show that the optimal scenario requires a Great Turn of fundamental transformations to build full democratic governance and move towards a sustainable future.
By Sergio BITAR, Jorge Máttar, Javier Medina.

The fable of the boiling frog provides a salutary lesson for business leaders. In this apocryphal story, a frog placed in cold water remains in the water as the temperature is gradually increased to boiling. In failing to notice the gradual but real change in its circumstances, the frog dooms itself to a catastrophic ending. Although frogs do not behave this way in real life, humans often do. Neurobiologically conditioned, as we are, to pay attention to stark contrasts and sudden changes, we often overlook slow moving changes in our environments that may herald disastrous consequences.The evolution of infectious disease risk is one such change. As this report explains, the number and diversity of infectious disease outbreaks are gradually but inexorably increasing, as is their capacity to send shocks through our global economic systems. As we travel, trade and communicate across an increasingly hyperconnected global economy, more and more companies will find themselves exposed to the effects of outbreaks that begin thousands of miles away.