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Unemployment in Today’s Recession Compared to the Global Financial Crisis
There has been much discussion in recent months about how workers who transitioned to working from home—and those who were deemed “essential”—are less affected by the layoffs and job losses brought on by…
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Aging Economies may Benefit Less from Fiscal Stimulus
A new IMF research finds that age matters when considering fiscal stimulus. Specifically, the study found that fiscal policy isn’t as effective in boosting growth in economies with older populations, compared to economies…
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[INFOGRAPHICS] IMF COVID-19 Financial Assistance to SSA Countries
$15.42 billion have found way to Sub-Saharan African Countries to tackle COVID-19 courtesy of the IMF. Nigeria and South Africa receives the largest share at $3.4 billion and $4.3 billion respectively 0
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[INFOGRAPHICS] H1’20 Top and Bottom Line of Cement Companies in Nigeria
Nigerian cement companies recorded aggregate growth in their revenues and net income for the half year ended Jun’2020. From our analysis, we highlight that cement volumes actually declined for the companies during the…
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COVID-19 Response in Emerging Market Economies: Conventional Policies and Beyond
The economic impact of the COVID-19 pandemic on emerging market economies far exceeded that of the global financial crisis. Unlike previous crises, the response has been decisive just like in advanced economies. Yet,…
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Global Imbalances and the COVID-19 Crisis
A new IMF External Sector Report shows that overall current account deficits and surpluses in 2019 were just below 3 percent of world GDP, slightly less than a year earlier. The latest forecasts…
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Are Conspiracy Theories Good for Facebook?
Both Democrats and Republicans directed much of their wrath at Facebook CEO Mark Zuckerberg. Congressional trustbusters blasted him for buying up Instagram and WhatsApp. Acquiring competitors to neutralize them is a classic move…
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Corruption has Modernized, so Should Anti-Corruption Initiatives
By Jim Anderson / World Bank The World Bank’s commitment to helping countries control corruption dates to 1996 when then President James Wolfensohn made his “cancer of corruption” speech. It was the first…
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Impact of Conflict and Political Instability on Banking Crises in Developing Economies
A new IMF staff paper investigates whether rising conflict and political instability globally over the past several decades has led to more banking crises in developing countries. The study focuses on the potential…
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Corruption and COVID-19
Corruption, the abuse of public office for private gain, is about more than wasted money: it erodes the social contract and corrodes the government’s ability to help grow the economy in a way…
