The COVID-19 pandemic is having a severe impact on Sao Tome and Principe's economy, exacerbating fiscal and external imbalances. Tourism activities and external remittances dropped sharply, while lockdown measures further deepened the recession. The authorities' swift actions and unprecedented...

In the late 1960s and early 1970s Sub-Saharan Africa experienced an unprecedented economic crisis shutting the exhilarating expectations of economic stability and development associated with independence. In response to the African abysmal economic decline, the Structural Adjustment Programme...