January 15, 2021/Cordros Report Nigeria’s headline inflation maintained its upward trajectory, as it expanded by 86bps in December 2020 to 15.75% y/y (November: 14.89% y/y) – the highest level since November 2017. We note that the inflation print is broadly in line with our estimate of 15.74% y/y. On a month-on-month […]
OPINION/EDITORIAL
Legally Speaking, is Digital Money Really Money?
January 14, 2021/IMFBlog By Catalina Margulis and Arthur Rossi Countries are moving fast toward creating digital currencies. Or, so we hear from various surveys showing an increasing number of central banks making substantial progress towards having an official digital currency. But, in fact, close to 80 percent of the world’s […]
China: A savior for emerging markets or a poison pill?
January 14, 2021/Edelman As the coronavirus pandemic enters its second year, developing countries around the world are struggling with stalled-out growth and loan repayments that are now outside their ability to pay, even while further financing is needed to rebuild their economies. Caught between a rock and a hard place, emerging markets […]
