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Gifted Analysts

Research and Analytics

Author: Ahmed Akinyele

COVID-19 Crushes Global Economy but Emerging Markets are in Bigger Troubles

By Ahmed AkinyelePosted on Posted in Africa & World EconomyTagged , , , , , , No Comments on COVID-19 Crushes Global Economy but Emerging Markets are in Bigger Troubles

By 2021, it is of high expectation that the world will return to normalcy, and economies around the world should recover from the adverse effect of coronavirus spread. However, emerging markets may continue to wallow in economic crisis as contemporary issues like weak GDP growth rate, unemployment rate, high debt profile, income inequalities, among others, remain in the picture, most of which have been worsened by the global pandemic effects.

Germany: The Troubled Giant

By Ahmed AkinyelePosted on Posted in Africa & World EconomyTagged , , , , , , , No Comments on Germany: The Troubled Giant

So far in 2020, the industrial giant of EU zone has been badly hit as a result of several factors in the global space, causing further pain for the economy. In January 2020, production activities nosedived, recording a huge decline of about 2.7% year-on-year, blame the total economic lockdown measure against the global pandemic.

Venezuela: Can the Grass be Green Again?

By Ahmed AkinyelePosted on Posted in Africa & World EconomyTagged , , , , , No Comments on Venezuela: Can the Grass be Green Again?

Inflation rate in Venezuela has skyrocketed, moving an average figure of 21.07% in 2012 to as high as 65,374.08% in 2018 before moderating to c.15,000% in 2020. Hence, the venezuelan Bolivar has lost its value, causing more money to chase fewer goods – imagining buying a roll of toilet paper with 2.6 million Venezuelan Bolivars in 2018.

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