February 24, 2021. Kristel Van der Elst presents an overview of Policy Horizons’ COVID-19 foresight work—introducing some forces driving change and disruption, and highlighting medium-term shifts that challenge our policy assumptions and tools.
The content for this report was produced between March and July 2020. It does not represent the views of the Government of Canada, or participating departments and agencies. It is intended to encourage conversation about ...
Reliable data is essential to economic forecasting. Digital technologies are challenging the certainty previously found in official statistics and macroeconomic models.
Digital technology has weakened the interpretative power of the main macroeconomic indicators—gross domestic product (GDP), the unemployment rate, and the Consumer Price Index (CPI).
Digital technologies will motivate change in financial market behaviours across many channels and spark a range of activities that can affect market volatility.
The way businesses and consumers share the value created from ownership of technology and data determines whether there is demand destruction or demand creation.
The latest advances in digital technologies could impact trade flows and gross domestic product (GDP) by enabling a rise in both local and global production.