Africa | Pandemic-era debt: short-term outlook and implications
Necessity and opportunity allowed African issuers to expand their public debt positions markedly since the Covid-19 pandemic hit. The sharp deteriorations in fiscal finances risk however line up with a souring in external conditions.
What you will learn:
- Which countries posted sharp deteriorations in fiscal finances risk since the pandemic struck.
- The external conditions which may contribute to a souring funding backdrop.
- Rotation in the growth burden to private sector consumption – is Africa ready to take the baton and carry growth momentum forward?
Tags:
Related Services
Post
Why an ageing population doesn’t mean soaring inflation
What’s the future for inflation? Joachim Nagel, the new president of Germany's central bank, believes the rapidly ageing global population will play a key role – ramping up pressure on prices in the medium term. While we agree slowing labour supply will stifle output growth, in his recent discussion Nagel failed to fully consider the demand side of the argument.
Find Out More
Post
Surging global food prices could drive eurozone core inflation higher
Along with energy prices, global food prices have emerged as a key driver of the eurozone's current inflationary surge. Like other advanced economies, eurozone countries tend to be less exposed to global food price fluctuations. But if persistent and combined with strong demand, high food prices could result in a higher pass-through to core inflation.
Find Out More