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Fiscal Policies for a Transformed World
The ongoing COVID-19 pandemic has already prompted an unprecedented fiscal policy response of close to $11 trillion worldwide. But with confirmed cases and fatalities still rising fast, policymakers will have to keep the…
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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,…
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Teleworking is not Working for the Poor, the Young and the Women
The COVID-19 pandemic is devastating labor markets across the world. Tens of millions of workers lost their jobs, millions more out of the labor force altogether, and many occupations face an uncertain future.…
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What Beer Sales Tell us about the Recession
Craft beer sales are surging at stores, but craft breweries are still struggling. Cheap beer is surging, but it’s still losing market share. That’s because the economics of the beer business are complicated.…
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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…
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Digital Financial Inclusion in the Times of COVID-19
The COVID-19 pandemic could be a game changer for digital financial services. Low income households and small firms can benefit greatly from advances in mobile money, fintech services and online banking. Financial inclusion…
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Reopening from the Great Lockdown: Uneven and Uncertain Recovery
Compared to the April World Economic Outlook forecast, the IMF now projects a deeper recession in 2020 and a slower recovery in 2021. Global output is projected to decline by -4.9 percent in…
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Why Reopening Isn’t Enough To Save The Economy
This article provides key insights of a blockbuster study that was dropped late last week by a gang of economists led by Harvard's Raj Chetty.
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The Great Lockdown Through a Global Lens
The Great Lockdown is expected to play out in three phases, first as countries enter the lockdown, then as they exit, and finally as they escape the lockdown when there is a medical…
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Continuous Increase in Inflation Rate: What will the CBN Do?
Nigeria's Headline inflation increased by 12.4% (year-on-year) in May 2020, 6bps (0.06%) higher than the rate recorded in the previous month (12.34%), marking a ninth consecutive month of increase in inflation since August…
