Australia | Alternate recovery paths shaped by key risks
Vaccine programs across the world are well underway and should enable a sustained and meaningful easing of restrictions in mid-2021. But as we have seen in Australia, vaccine rollouts have not been immune to supply disruptions and efficacy concerns, which are threatening to keep international borders restricted for longer. Using our Global Economic Model, we consider three alternate recovery scenarios.
What you will learn:
- The path beyond COVID-19 is now largely dependent on the rollout and effectiveness of national vaccine programs. Logistical hurdles remain and high levels of transmission in some countries could develop new variants.
- Long term bond yields have already risen this year in response to inflation expectations.
- Inflation risks higher than usual due to large fiscal responses and climbing commodity prices.
Tags:
Related Services

Post
Housing affordability lowest in Greek, Danish, and German cities
House prices across Europe have soared over the past decade, especially in cities. During this time, incomes in Europe have not kept pace with house price hikes on average, squeezing the purchasing power of homebuyers in many European cities.
Find Out More
Post
Parsing US federal job cuts by metro
Cuts to the Federal government workforce, which we estimate to be 200,000 in 2025, will have a modest impact nationally, but more significant implications for the Washington, DC metropolitan economy as it accounts for 17% of all non-military federal jobs in the US.
Find Out More