Read the paper on OECD iLibrary ↗ · Read more on Research ↗

Read the chapter on Springer ↗ · Read more on Research ↗

Read the paper on MPRA ↗ · Read more on Research ↗

Read the paper on Research ↗

Read the paper on Research ↗

The effectiveness of monetary policy depends crucially on the degree of price flexibility. This flexibility depends on the frequency of price adjustments, as well as the adjustment magnitude of the prices which do change (known as price selection). This column uses granular data from the euro area and the US to quantify the degree of price selection. Accounting for price selection increases price flexibility estimates by around one-third in both regions, with a higher flexibility in the US. The findings are consistent with the differences in food inflation during the Covid pandemic across the US and euro area.

Read the full column on VoxEU ↗ · Read the paper on Research ↗

The circular economy is critical to ensuring green and just socioeconomic outcomes through decoupling economic growth from increased resource use. The transition to a green and circular economy is driven by multiple environmental, demographic, technological, fiscal, and financial transitions occurring in different sectors and geographies — with the circular economy playing a pivotal role because of its potential “triple positive impact” on economic growth as well as environmental and societal outcomes. This post introduces NICE, a novel tool built on granular firm-level data and input-output modelling, to assess the economic, social, and environmental impact of the circular economy.

Read the full article on UNIDO ↗ · Read the paper on Research ↗

History has shown that health and economic shocks are recurrent events; robustness to one such shock must be followed by preparedness for the next one. “The new normal” is a phrase that has been used throughout the COVID-19 pandemic to signal the need for fundamental change to follow the crisis. Resilience at both the government and sector levels can create conditions for countries to better withstand and recover from shocks. Research based on World Bank data shows that manufacturing firms in countries with stronger industrial capabilities — proxied by higher Competitive Industrial Performance (CIP) scores — were more likely to remain in operation and experienced higher growth rates (or lower losses) in employment.

This piece is part of the IAP IDR2022 series, based on UNIDO’s flagship Industrial Development Report (IDR) 2022.

Read the full article on UNIDO ↗

UNIDO-led research in collaboration with the World Bank provides concrete evidence that removing fossil fuel subsidies would not only make environmental sense but would also improve firms’ economic performance. New firm-level data from Oman show that higher fuel prices are not a drag on competitiveness. In fact, reducing subsidies and allowing fuel prices to rise could ultimately aid the post-COVID-19 recovery, since higher fuel prices drive business upgrading and a boost in productivity — and could encourage manufacturing companies to switch to the kind of long-term sustainable efficiency practices needed to stop climate change.

Read the full article on UNIDO ↗ · Read the paper on Research ↗

Firms are key to addressing Chile’s sustainability challenges and realising its ambition of carbon neutrality by 2050. Switching to more sustainable production is essential to reducing vulnerability to environmental shocks and developing new areas of comparative advantage. In this working paper, we illustrate minimal trade-offs between productivity and energy prices, and a positive relationship between productivity and investments with fossil fuel prices.

Read the World Bank blog post ↗ · Versión en español ↗ · Read the paper on Research ↗

1. Connect the laptop to the internet (ethernet, phone tethering, etc.).
2. Run the following two commands in the terminal (Ctrl + T):

sudo apt-get purge bcmwl-kernel-source
sudo apt-get install broadcom-sta-source broadcom-sta-dkms broadcom-sta-common

Reboot and everything should be running smoothly again.

This assumes a working Git installation, a local project already linked to your GitHub account, and that you’ve followed this post up to Step 2, so you already have a batch file scheduled to run a Python script.

"<Path to python.exe>" "<Path to my.py>"

"<Path to python.exe>" "<Path to my.py>"

git add .
git commit -m 'scheduled commit'
git push

"<Path to python.exe>" "<Path to my.py>"

git add --all
git diff-index --quiet HEAD || git commit -m "scheduled commit"
git push

"C:\Users\<Your Name>\AppData\Local\Programs\Python\Python38\python.exe" "C:\Users\<Your Name>\Desktop\my.py"

timeout /t 5

"C:\Program Files\Git\bin\git.exe" add --all
"C:\Program Files\Git\bin\git.exe" diff-index --quiet HEAD || git commit -m "scheduled commit"
"C:\Program Files\Git\bin\git.exe" push

This assumes you already have Python set up and running on your machine.

####################
# Content of my.py #
####################

import datetime

# Get date and time
todaysDate = datetime.datetime.today();
# Change display format (optional)
todaysDate = todaysDate.strftime("%Y-%m-%d %H:%M:%S")
# Print
print(todaysDate)

"<Path to python.exe>" "<Path to my.py>"
pause

"C:\Users\<Your Name>\AppData\Local\Programs\Python\Python38\python.exe" "C:\Users\<Your Name>\Desktop\my.py"
pause