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Gifted Analysts

Research and Analytics

Crisis

COVID’s Impact in Real Time: Finding Balance Amid the Crisis

By Sheriffdeen AdeotiPosted on Posted in AgenciesTagged , , , , , No Comments on COVID’s Impact in Real Time: Finding Balance Amid the Crisis

The IMF analyzed the economic effects of lockdowns and voluntary social distancing using two high-frequency proxies for economic activity: mobility data from Google and job openings posted on the website Indeed. As illustrated in the top chart below, over the entire sample of 128 countries used in the analysis, lockdowns and voluntary social distancing contributed equally to the drop in mobility during the first 3 months of a country’s epidemic.

Fiscal Policy for an Unprecedented Crisis

By Joshua OlorunsaiyePosted on Posted in AgenciesTagged , , , , , No Comments on Fiscal Policy for an Unprecedented Crisis

The COVID-19 crisis has devastated people’s lives, jobs, and businesses. Governments have taken forceful measures to cushion the blow, totaling a staggering $12 trillion globally. These lifelines have saved lives and livelihoods. But they are costly and, together with sharp falls in tax revenues owing to the recession, they have pushed global public debt to an all-time high of close to 100 percent of GDP.

China and the Burgeoning African Debt Crisis

By Aminu MusaPosted on Posted in Africa & World EconomyTagged , , , , , , , No Comments on China and the Burgeoning African Debt Crisis

Contrary to the swirling rumors on African social media and in the local press about the supposed imminent danger of Chinese asset seizures in Zambia, it’s not the Chinese that are the problem here… it’s bondholders on Wall Street and in The City.

Corruption and COVID-19

By Abdulazeez KurangaPosted on Posted in AgenciesTagged , , , , , No Comments on 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 that benefits all citizens. ut the COVID-19 pandemic has heightened the importance of stronger governance for three reasons.

Next Phase of the Crisis: Further Action Needed for a Resilient Recovery

By Aminu MusaPosted on Posted in AgenciesTagged , , , , , , No Comments on Next Phase of the Crisis: Further Action Needed for a Resilient Recovery

When G20 finance ministers and central bank governors last met in April, the world was in the midst of the Great Lockdown forced by the outbreak of COVID-19. As they meet virtually this week, many countries are gradually reopening, even as the pandemic remains with us. Clearly, we have entered a new phase of the crisis—one that will require further policy agility and action to secure a durable and shared recovery.

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