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When China sneezes the world catches a cold is a statement that is true today more than ever before. The outbreak of the COVID-19 has had far reaching consequences around the world as almost every component of society is greatly affected in one way or the other. The impact transcends through...
Persistent link: https://www.econbiz.de/10012839152
As demonic panic continues to grip the world over the outbreak of COVID19, There is plenty of bearish sentiment hanging over the markets. The economies of most sub-Saharan African countries who for the past three years have been under the IMF economic partnership program may have to develop...
Persistent link: https://www.econbiz.de/10012839328
Central Banks have cut interest rates to historic lows in an attempt to reduce the adverse impact of COVID-19, while unprecedented liquidity infusions have been used to reduce funding constraints and frictions in the financial market. Monetary policy will lessen the economic and financial...
Persistent link: https://www.econbiz.de/10014100744
The Central African region comprises 11 countries, namely Angola, Burundi, Cameroon, the Central African Republic, Chad, the Democratic Republic of the Congo, the Republic of the Congo, Equatorial Guinea, Gabon, Rwanda, and São Tomé and Príncipe. The Gross Domestic Product per person ranges...
Persistent link: https://www.econbiz.de/10013294364
The COVID-19 pandemic illustrated the relevance of oil prices to the modern-day economy. Government-imposed lockdowns to slow the spread of the virus is reversed, and economic growth is slowly recovering across advanced and developing market economies. The current price of crude oil threatens...
Persistent link: https://www.econbiz.de/10014085471
The coronavirus, (COVID-19) has spread to several continents and Italy has in recent days become Europe's worst-affected country. Whilst the humanitarian costs leave little to desire, the economic impact has halted manufacturing supply chains across China and the world, caused imports of crude...
Persistent link: https://www.econbiz.de/10012839323
Demand and supply still remains the main instrument to determine the role of information and communication technology on gross domestic product and growth.ICT Abstract: There is an increasing body of research, investigating the determinants of economic growth in China. Most studies have focused...
Persistent link: https://www.econbiz.de/10012842486
Africa has been changing fast over the past fifteen to twenty years. Both the growth performances and the international image of the continent went through surprising U-turns, from widespread stagnation and pessimism to unprecedented progress and new prospects. The turnaround of economic...
Persistent link: https://www.econbiz.de/10012901444
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