Culled—Proshare October 5, 2020 by Vetiva Research Executive Summary The COVID-19 pandemic remains a key threat to the growth of several economies in 2020. With advanced economies recording double digit contractions in Q2’20 despite the presence of automatic stabilizers, many developing economies had pressing pre-pandemic issues that restrained their capacity […]
OPINION/EDITORIAL
Emerging Market Covenant Quality Reaches All-time Weakest Level Amid Slowing Issuance
Culled—Proshare October 5, 2020 by Moody’s Investors Service The average covenant quality (CQ) score worsened 6% to 3.45 (weak) in the six months to 30 September 2020, with a higher score denoting weaker covenant quality Scores weakened in five of the six areas monitored by Moody’s, with only liens subordination […]
Public Investment for the Recovery
October 5, 2020/IMF By Vitor Gaspar, Paolo Mauro, Catherine Pattillo, and Raphael Espinoza Governments around the world are taking extraordinary measures to respond to the COVID-19 crisis. While maintaining the focus on addressing the health emergency and providing lifelines for households and businesses, governments need to prepare economies for the […]

