OPINION/EDITORIAL

Unparalleled Global Recession Underway-Fitch

April 23, 2020/Fitch Ratings Fitch Ratings has made further large cuts to global GDP forecasts in its latest Global Economic Outlook (GEO) in response to coronavirus-related lockdown extensions and incoming data flows. “World GDP is now expected to fall by 3.9% in 2020, a recession of unprecedented depth in the […]

President Akinwunmi Adesina’s Transition to his Second Term must be smooth to deliver his Covid-19 commitments to Africa

OPINION PIECE There have been several calls for mediation between President Adesina and his critics, in the interest of a smooth re-election process and transition at the African Development Bank April 23, 2020 By Dr. Patricia Laverley  This article is intended to highlight the recent achievements of the African Development […]

A Post-Coronavirus Recovery in Asia—Extending a “Whatever it Takes” Lifeline to Small Businesses

April 23, 2020/IMFBlog By Kenneth Kang and Changyong Rhee Asia was hit hard by the first wave of the coronavirus, as the sudden stop in activity struck households and firms simultaneously—first in China, then elsewhere in Asia, and now globally. Policymakers responded swiftly with aggressive spending to support the medical […]