Saturday, May 25, 2024
HomeNewsFinanceThink tank presents economic and social predictions for 2021

Think tank presents economic and social predictions for 2021


Related stories

GEF’s Profit Shift: Climate Aid or Cash Grab?

The Global Environment Facility (GEF), originally established to address...

Media Manipulation: How the West Distorts Gaza’s Reality

Western media coverage of Gaza has often been criticized...

Beijing’s Bold Moves: What Next for Taiwan?

China's military maneuvers around Taiwan, described as 'strong punishment'...

Pakistan’s Unwavering Support for China’s Core Interests

President Asif Ali Zardari reaffirmed Pakistan's steadfast adherence to...

Trade Madness: Could Trump’s Tariffs Trigger Economic Turmoil?

Donald Trump's proposed tariff plans, touted during his campaign...

A  panel of economic and political decision-makers, social partners and economists, the Chamber of Commerce’s think tank drew up a series of forecasts for the current year.

On the health front, Idea expects the main restrictions to be lifted “only in the third quarter of 2021” according to half of the respondents. They also expect that the pandemic will “probably” not be brought under control this year.

On the economic level, the risk of business failures will increase with the end of the government’s aid packages. However, unemployment could remain “very close to the current level in 2021 and 2022”.

Related Reports:

Unemployment Rate Rises at 17.4% in US ,think tank

Beijing-based think tank believe that US has started cold war against China

The people interviewed by Idea fear a multiplication of social movements in Europe in 2021, synonymous with instability (and at their origin, substantial inequalities).


According to the respondents, consumer prices are not expected to rise significantly in 2021. On the property front, the majority of respondents expect interest rates to rise gradually: up to 2.1% in 2026, compared with 1.35% last year.


Luxembourg is expected to continue to incur debt, but at quite respectable levels compared to the rest of Europe. Limited growth is expected in 2021 and 2022 (+1.5 and +2.7% according to a central scenario).

Pakistani think tank ranks in Global think tank rankings

Finally, in environmental terms, “a (small) majority considers that the greenhouse gas reduction targets for 2030 are not achievable, neither in the EU nor in Luxembourg”. However, it should be pointed out that this share of sceptics has fallen considerably from last year.

News Desk, where most of the News Item edit for THE THINK TANK JOURNAL

Latest stories




Please enter your comment!
Please enter your name here