Historically, economic crises have had heterogeneous effects, but on this occasion, the consequences have been particularly devastating for women. This is partly explained by structural characteristics and those caused by the pandemic, issues that need to be addressed in order to build a sustainable recovery.
The real estate sector has good growth prospects and will lead the country's economic recovery process. It will be driven by medium and low priced new housing. Meanwhile, higher-value housing, used housing and the non-residential sector will have a slightly later recovery.
The European economy — buoyed by the United States
The first quarter has seen much more doubt surrounding the economy in Europe than America. The latest wave of the pandemic is severely impacting the largest countries in the area. The situation will improve though, with the acceleration of vaccination drives and the knock-on effect of increased growth in the United States.
Despite the progress made to close the different gender gaps that exist in the world, there is still evidence of the disadvantages that women face in terms of participation and integration in different fields. Continuing to work towards greater equity adds up to economic benefits, spending capacity and social welfare.
Colombia | Prioritizing diversity and inclusion in recovery
Diversity and representation of all population groups in the economy is a necessary factor in order to achieve a high and sustainable recovery. In this way, the inclusion of women becomes even more important, mainly because of the additional responsibilities and vulnerabilities caused by the pandemic.
The annual “two-sessions” of China, namely the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), commenced in Beijing on March 4th 2021 and will be last for around one week, which are always the top priority in China’s political agenda every year.
Mexico | There are 51 million Mexicans with an income below the value of the food basket
Coneval estimates that there are more than 51 million Mexicans living in working poverty in the 4Q20, 40.7% of the total population. Due to the pandemic, there was a contraction of 10.3 million jobs during the 2Q20, which is equivalent to almost 19% of total jobs nationally: 6.2 million men and 4.1 million women.
If there were a meter in our homes telling us how much our tax burden (or that of our children) would have to increase each day to pay off the growing public debt, it's likely that we would have a greater sense of urgency regarding the need to take measures to lighten the burden.