Showing 1 - 9 of 9
This paper analyses the COVID-19 situation in Nigeria, its effect on the economy and the structural causes that worsen the coronavirus (COVID-19) crisis. The findings reveal that the economic downturn in Nigeria was triggered by a combination of declining oil price and spillovers from the...
Persistent link: https://www.econbiz.de/10012837990
How did a health crisis translate to an economic crisis? Why did the spread of the coronavirus bring the global economy to its knees? The answer lies in two methods by which coronavirus stifled economic activities. First, the spread of the virus encouraged social distancing which led to the...
Persistent link: https://www.econbiz.de/10012838535
This commentary discusses how pandemics affect the nature of financial reporting especially for financial and non-financial institutions that were deeply affected by the 2020 coronavirus (COVID-19) outbreak. I discuss the accounting practices and financial reporting options for firms during a...
Persistent link: https://www.econbiz.de/10012832683
This article offers a number of policy solutions to improve financial inclusion during the COVID-19 crisis. COVID-19 is a global health crisis to which some of the usual global solutions like greater financial inclusion can help. Financial inclusion remains a powerful development tool to improve...
Persistent link: https://www.econbiz.de/10012835803
This study analyses the COVID-19 situation in Africa and discuss the socioeconomic impact, policy response and opportunities. The COVID-19 (coronavirus) pandemic which has affected the global economy has also affected the African economy through spillovers to African countries. Many African...
Persistent link: https://www.econbiz.de/10012837144
This paper analyse the looming COVID-19 global debt crisis. The high debt incurred during the pandemic period by many countries combined with tightening global financial conditions such as increase in interest rate can trigger a global debt crisis for heavily indebted countries. I suggest some...
Persistent link: https://www.econbiz.de/10013233699
This paper provides an overview of financial inclusion in the Latin America and Caribbean region during the COVID pandemic based on 2021 Global Findex data. The trend analysis revealed that there was low level of financial inclusion in the LAC region. Account ownership and formal savings of the...
Persistent link: https://www.econbiz.de/10014257731
This paper investigates the relationship between loan loss provisions and pre-provisions earnings during the first-wave COVID-19 pandemic. A positive co-movement between the two variables indicates income smoothing. The pandemic period was compared with the pre-pandemic period using quarterly...
Persistent link: https://www.econbiz.de/10013236161
Pandemics lead to a sudden decline in the level of economic activities. Lending institutions reduce credit supply to businesses due to fears of rising bad debts during a pandemic. This paper highlights some approach to financial regulation and bank supervision during a pandemic such as the SARS...
Persistent link: https://www.econbiz.de/10013250325