Tracking Trade During the COVID-19 Pandemic

Most trade takes place by sea, and—for navigational safety purposes—virtually all cargo ships report their position, speed, and other information many times a day. A new IMF methodology using these data can help better inform us how international trade is affected by the COVID-19 pandemic.

How Pandemics Leave the Poor Even Farther Behind

By Davide Furceri, Prakash Loungani, and Jonathan D. Ostry / Image Credit: IMF The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression. In January, the IMF expected global income to grow 3 percent; it is now forecast to fall 3 percent, much worse than during the Great Recession of 2008-09. […]

State-Owned Enterprises in the Time of COVID-19

By Vitor Gaspar, Paulo Medas, and John Ralyea/ Image Credit: WEF The pandemic has highlighted the role of the public sector in saving lives and livelihoods. State-owned enterprises are part of that effort. They can be public utilities that provide essential services. Or public banks that provide loans to small businesses. But some are also […]

IMF WEO: How the World will Grow in the Great Lock Down of 2020

This article gives a brief summary of how the IMF expects the world to grow in 2020, highlight the top 10 countries to grow in 2020 (with special focus on Guyana), highlight countries that will fall the most in 2020, as well as give a special case study of selected African countries.

Empirical Analysis of the Criteria for the Adoption of “Eco” Currency

This research work concentrates on analyzing how each of the West African Countries have performed in terms of meeting the inflation target, fiscal deficit, debt as a percentage of GDP, import cover as well as the target of tax revenue as a percentage of GDP.

Q3 2019 GDP: Nigeria Records its Second Highest Quarterly Real Growth Rate Since 2016

Nominal and Real GDP Explained The GDP (a measure of the size of an economy) is the monetary value of all goods and services produced in a country during a given period of time and it can be calculated on either quarterly and/or annual basis. As an example, the monetary value of the rice sold […]

The World, Africa, West Africa and Nigeria’s Economy in 2018

In 2018, the International Monetary Fund (IMF) put the value of all goods and services produced in the world at $84.74 trillion with the United States as the largest economy in the world at $20.49 trillion which is about 51 times the size of Nigeria’s GDP (Africa’s largest economy).
This research therefore aims to give a break-down of the world economy in 2018 with specific focus on Lagos State, West Africa and Africa while giving insights into comparing different economies.

Demystifying Nigeria’s Conscious Attempt to Keep a Low Debt Profile as Debt Servicing Becomes Worrisome

This research compares the debt figures with global thresholds as well as with the key debt management framework of the Debt Management Office so as to know the debt path of the country going forward.

Significant Relationship among the Components of a Misery Index: The Nigerian Scenario

The misery index is a measure of how miserable the citizens of a country can be at a particular period of time. It is measured by evaluating the addition of Inflation Rate, Unemployment Rate and Lending rate, minus Year-On-Year growth in GDP per Capita. This shows that the higher the misery index, the more the […]

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