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COVID-19: Without Help, Low-Income Developing Countries Risk a Lost Decade
While the COVID-19 crisis is sending shockwaves around the globe, low-income developing countries (LIDCs) are in a particularly difficult position to respond. LIDCs have both been hit hard by external shocks and are…
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Launching a New Academic Year under the Cloud of COVID-19
The next few weeks mark the beginning of the school year across the northern hemisphere. Per the World Bank School Closure data, (School Closures and Affected Students by country; a World Bank tracking…
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Tourism Trauma and COVID-19
Pandemic-related lockdowns, flight cancellations, and border closures may be putting a crimp on summer vacation plans. However, the precipitous drop in tourism will have an outsized impact on countries that rely on foreign…
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How The Pandemic Is Making The Gender Pay Gap Worse
A new study finds that this recession is hitting women harder. Between February and April 2020, male unemployment increased 9.9 percent; female unemployment increased 12.8 percent. The pandemic has ravaged in-person service jobs…
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H1’20 Review of Activities in Nigeria Equities Market
Although Stock bourses are forward looking in nature, they generally portray the momentum of the economy. An upward trend could signal investors' confidence in the market while otherwise could mean sell-offs and economic…
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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
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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,…
