IMF Archives - Page 2 of 4 - Gifted Analysts

How COVID-19 will Increase Inequality in Emerging Markets and Developing Economies

By Aminu MusaPosted on November 2, 2020Posted in AgenciesTagged COVID-19, developing economies, Emerging Markets, IMF, Inequality, Low Income Developing CountriesNo Comments

Despite the pre-pandemic gains in poverty reduction and lifespans, many of the EMDEs have struggled to reduce income inequality. At the same time, they saw persistently high shares of inactive youth (i.e., not in employment, education, or training), wide inequality in education, and large gaps remaining in economic opportunities for women. COVID-19 is expected to make inequality even worse than past crises since measures to contain the pandemic have had disproportionate effects on vulnerable workers and women.

A Long, Uneven and Uncertain Ascent

By Adebisi SamuelPosted on October 24, 2020Posted in Africa & World EconomyTagged COVID-19, employment, Fiscal Policy, Fiscal Stimulus, Growth, IMF, Monetary Policy, PandemicNo Comments

This crisis is far from over. Employment remains well below pre-pandemic levels and the labor market has become more polarized with low-income workers, youth, and women being harder hit. The poor are getting poorer with close to 90 million people expected to fall into extreme deprivation this year. The ascent out of this calamity is likely to be long, uneven, and highly uncertain. It is essential that fiscal and monetary policy support are not prematurely withdrawn, as best possible.

IMF Lending During the Pandemic and Beyond

By Joshua OlorunsaiyePosted on September 18, 2020Posted in AgenciesTagged Financial assistance, IMF, Lending, macroeconomic stabilizationNo Comments

In the face of unprecedented uncertainty and the severe economic impact triggered by COVID-19, the Fund continues to adapt its lending. At the same time, it aims to ensure realistic targets, uphold the credibility of programs, and foster national ownership.
To date, the Fund has provided financial assistance, mainly through emergency lending and precautionary lending tools, to about 80 countries.

Emerging Stronger From the Great Lockdown

By Abubakar AbdulrahmanPosted on September 12, 2020Posted in Africa & World EconomyTagged COVID-19, Fiscal Policy, Global Pandemic, government, Great depression, Great Lockdown, IMF, Monetary PolicyNo Comments

The managing director and the chief economist of the International Monetary Fund lay out a strategy for sustained recovery.

Tourism Trauma and COVID-19

By Aminu MusaPosted on August 20, 2020Posted in AgenciesTagged COVID-19, IMF, Lockdown, Pandemic, TourismNo Comments

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 travelers—with potentially large-scale effects on their economies’ national accounts.

Fallacy of an African Giant

By Sheriffdeen AdeotiPosted on August 15, 2020Posted in EconomyTagged analysis, Ghana, Giant, IMF, Kenya, Nigeria, South Africa, World BankNo Comments

This exposition tries to carry out a comparative analysis between Nigeria and selected economies in Africa. South Africa in Southern Africa, Egypt from Northern Africa, Kenya from East Africa and our neighbour (Ghana) in the same West African coast.

Aging Economies may Benefit Less from Fiscal Stimulus

By Joshua OlorunsaiyePosted on August 8, 2020Posted in AgenciesTagged Aging Economies, COVID-19, Fiscal Policy, Fiscal Stimulus, IMF, Pandemic, populationNo Comments

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 with younger populations.

[INFOGRAPHICS] IMF COVID-19 Financial Assistance to SSA Countries

By Adebisi SamuelPosted on August 7, 2020Posted in AnalyticsTagged COVID-19, IMF, Nigeria, South Africa, SSANo Comments

$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

COVID-19 Response in Emerging Market Economies: Conventional Policies and Beyond

By Abubakar AbdulrahmanPosted on August 6, 2020Posted in Africa & World EconomyTagged COVID-19, Emerging Markets, Exchange Rate, IMF, Pandemic, World EconomyNo Comments

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, conventional policies are reaching their limit and unorthodox policies are not without risks.

Corruption and COVID-19

By Abdulazeez KurangaPosted on July 28, 2020Posted in AgenciesTagged Coronavirus, Corruption, COVID-19, Crisis, government, IMFNo Comments

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.

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