PCR : Post Covid-19 Recovery

By: The National News
  • Summary

  • The pandemic has triggered an economic crisis such as the world has never seen. The economic downturn was followed by an unprecedented rebound. It all happened so fast. It left us with a torrent of numbers and seemingly inextricable questions. Welcome to PCR, a special limited series by The National in which we try to make sense of the numbers and answer important questions on the Post Covid-19 Recovery. Listen to prominent economists and business leaders as they explain the challenges and opportunities of a unique and often complex economic recovery. Join Mustafa Alrawi, assistant editor-in-chief as he explores the many features of the Post Covid-19 Recovery.
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Episodes
  • Episode 8: A battle for the future of banking
    Apr 14 2022
    Digital and online banking have already been steadily rising in recent years, but the pandemic introduced large-scale, full-speed uptake. In some instances, we’ve seen a 200 per cent jump in new mobile banking registrations. While digitisation was inevitable in the banking sector, many hurdles were slowing the process. From regulations, to security concerns, and the lack of substantial investments, many obstacles stood in the way of a much needed digital transition. When the pandemic hit, the situation changed. Consumers expectations were the main driver of faster and larger digital banking transition. 2021 was a year for fintech innovation. Electronic payments took off as people shopped online. Many managed their finances online rather than going to bank branches. Fintech and Big tech companies have achieved tremendous growth since the pandemic. The future of banking and financial services, is going to be written by both traditional banks and innovative fintech players. Sometimes they are going to be competing, and sometimes cooperating. Guests: Carol Houle, Senior Vice President, Global Head of Consulting & Marketing for Financial Services & Insurance at Atos Georgi Konov, Partner at McKinsey and Co, digital, distribution, and retail banking Narrated by: Mustafa Alrawi, The National’s assistant editor-in-chief
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    25 mins
  • Episode 7: Middle East and North Africa - one region, worlds apart
    Feb 10 2022

    Nowhere in the world has the unevenness of the economic recovery been more pronounced and acute than across countries in the Middle East and North Africa.

    Some Mena countries already struggling with economic problems before the pandemic. Others, including Egypt and GCC countries, were in the midst of huge structural reforms when the pandemic hit.

    In a region already defined by many imbalances and economic contrasts, what does the post-Covid recovery look like?

    Guests:

    Jihad Azour, director of the Middle East and Central Asia department at the International Monetary Fund

    Alia Moubayed, emerging markets economist

    Narrated by: Mustafa Alrawi, The National’s assistant editor-in-chief

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    33 mins
  • Episode 6: the post pandemic outlook for energy
    Jan 23 2022

    Higher energy prices and shortages are among the main features of the economic recovery.

    The world faces multi-factorial equations where any solution must comply with climate urgency and the need for energy transition, while at the same time avoid energy shortages and energy-related political tensions.

    The post covid recovery has exposed many problems and underlying weaknesses of the global energy supply. Current energy tensions may well provide valuable lessons for a smooth green energy transition.

    Guests:

    Dr Daniel Yergin, vice chairman of IHS Markit. A Pulitzer-prize winning author. His latest book is The New Map: Energy, Climate and the Clash of Nations.

    Robin Mills, chief executive of Qamar Energy and author of The Myth of the Oil Crisis.

    Petya Koeva Brooks, Deputy Director in the IMF's Strategy, Policy, and Review Department.

    Silja Baller - Insights Lead, Frontier Insights, the World Economic Forum.

    Laurence Boone, Chief Economist at the Organization for Economic Co-operation and Development, OECD

    Narrated by: Mustafa Alrawi, The National's assistant editor-in-chief

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    33 mins

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