As the Russia-Ukraine crisis protracts, the odds of a reinforced global economic recovery have been further setback. Intensified global supply-demand imbalances have prompted a shift in global monetary policy stance, as inflationary pressures continue to tick higher. Unfortunately, the tighter monetary stance poses downside risks to economic growth prospects as credit conditions tighten both globally…
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As the world copes with the health implications of COVID-19, the turnout of events has resulted into severe implications for the fiscal positions of various emerging and frontier economies. While dollar inflows from commodity exports and remittances have collapsed, the softening of local currencies have raised levels of indebtedness. Thus, emergency financing flows from International…
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The world is reeling under the impact of the coronavirus pandemic. Its devastating damage to humans, its influence over our daily interactions, and its economic consequences are all too clear. Financial and medical crises could go hand in hand as a rise in unemployment and reduced access to healthcare could lead to adverse health outcomes.…
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