While the economies of developed countries are struggling, most experts are confident they will recover over time. Those of developing countries, however, were in economic peril prior to COVID-19 – and now face a frightening and uncertain future.
Economics
Student lauds residence experience in pandemic
With his family in India and friends scattered around the globe, Moiz Rajwani will always treasure the support he received from his Western family in his home away from home.
Alumnus Tiff Macklem named Governor of the Bank of Canada
Western alumnus Tiff Macklem, MA’84, PhD’89 (Economics), has been named Governor of the Bank of Canada for a seven-year term, effective June 3, Finance Minister Bill Morneau announced May 1.
Experts: Pandemic making economic future uncertain
Even though Canada lost more than a million jobs in March, the months that follow may prove even more challenging, warned Western experts.
Alumnus bottling help, hand sanitizer for fight
“We were aware there was beginning to be a need – people didn’t have any. Hand sanitizer is made with high-proof alcohol. We thought, ‘Let’s see what we can do. We have a building full of alcohol – let’s do a little bit.’”
Frontiers Award honours economist Howitt’s career
Famed Western economist Peter Howitt, along with French economist Philippe Aghion, have been named co-recipients of the 2019 BBVA Foundation Frontiers of Knowledge Award in Economics, Finance and Management.
Bank’s half-point rate drop ‘an aggressive move’
Today’s half-point cut in the Bank of Canada rate – to 1.25 per cent from 1.75 per cent – was a surprising and “aggressive” decision, a Western expert in monetary policy said Wednesday.
Survey eyes costs of partner violence in workplace
Starting Nov. 25, Western community members will be able to participate in a university-led academic survey, ‘Intimate partner violence and its financial costs,’ that hopes to determine the extent to which intimate-partner violence impacts survivors, perpetrators and witnesses at the university workplace.
Alumnus named to top Bank of Canada role
With the appointment of Toni Gravelle, BA’88, PhD’96 (Economics), as a Deputy Governor of the Bank of Canada, Western continues its tradition of leadership at the bank, with four of the top six positions being held by alumni.
Alumnus shares his joy for writing across Pakistan
He laughs as he admits it now but before Awais Khan arrived at Western, years passed without him reading a single book – apart from Harry Potter.
Finding good ‘Company’ in the written word
Browse the diverse and entertaining bookshelves of Awais Khan, BA’08 (Economics), whose latest book, In the Company of Strangers, explores love, longing and the delicate game of deceit.
Calculating the costs of movie piracy
Movie piracy may be siphoning less money from the box office than some analysts suggest, a paper by a Western PhD student says. In fact, the word-of-mouth promotion generated by people who view illegal downloads could, in some cases, offset movie-house losses as the...
Alumnus putting big ideas into small batches
In Beamsville, Ont., halfway along the highway between Hamilton and Niagara-on-the-Lake, you can spot a light blue and white barn tucked away on a side road.
Western economist MacGee joins Bank of Canada
Western economist Jim MacGee has been appointed the Bank of Canada’s new Managing Director of Economic and Financial Research for a two-year term, beginning Jan. 2, 2019.
Study eyes worker mobility impact on economy
A new economic model developed at Western calculates the cost of reallocating working‐age Canadians (20-64 years old) from one industry to another and shows that an unwillingness by many to relocate or change careers hurts the economy and leads to high unemployment regionally and nationally.
Western mourns death of former Chancellor, economist
Western is mourning the passing of former Chancellor Grant Reuber, BA’50, LLD’85, who served the university in multiple capacities, including as head of Economics and Sociology, the first dean of the Faculty of Social Science, as Provost & Vice-President...
Study: Women’s impact on economy undervalued
Statistical agencies and government bodies have significantly undervalued women’s contribution to the economy, according to Western researchers. The previous methods economists used to determine human capital – the combined measure of an individual’s skills,...
Williamson tapped for Bank of Canada Fellowship Award
Economics professor Stephen D. Williamson has been named a 2018 recipient of The Bank of Canada’s Fellowship Award.
Newsmakers: The Racer
Pete McLeod Pete McLeod, BA’07 (Economics), cannot remember a time when he wasn’t flying while growing up in Red Lake, Ont. The 33-year old Londoner is an accomplished bush pilot, had his pilot’s license at 16, pursued aerial aerobatics at 18, and earned his...
Civil Engineering ranked tops in Canada
Ashraf El Damatty can think of no better motivator than when the 2017 Shanghai Rankings Global Ranking of Academic Subjects tapped Western’s Department of Civil Engineering No. 1 in Canada and No. 12 globally. “I feel very proud of my department, my faculty and staff...