This blog is part of a series providing regional analysis on the effects of the coronavirus.
By Jihad Azour
The impact of COVID-19 and the oil price plunge in the Middle East and the Caucasus and Central Asia has been substantial and could intensify. With three-quarters of the countries reporting at least one confirmed case of COVID-19 and some facing a major outbreak, the coronavirus pandemic has become the largest near-term challenge to the region. […]
Look around the global economy and you’ll see an American company developing the next generation of driverless cars, a Chinese financier extending loans to “mom-and-pop” stores that used to lack access to credit, and researchers at a Swiss pharmaceutical company developing a treatment for a chronic health condition. […]
In 2019, the IMF will complete 14 assessments under the Financial Sector Assessment Program (FSAP). Eight of this year’s assessments are mandatory: Australia, Austria, Canada, France, Italy, Poland, Singapore, and Switzerland. The other six are voluntary: Algeria, Bahamas, Kuwait, FYR Macedonia, Malta, and Thailand. […]
December 18, 2018
The human and economic costs of crime in Mexico have risen to historic highs. 2017 was Mexico’s most violent year on record with over 25,000 homicides—a 50 percent jump since 2015. […]
December 13, 2018
Villagers of Moruleng mining community in South Africa; Sub-Saharan Africa countries can see an increase in growth by relying less on commodities and more on non-resource intensive investments. (Photo: SIPHIWE SIBEKI/Reuters/Newscom)
The story of Africa’s growth rate over recent years is a tale with several story lines. […]
July 16, 2018
Amid rising tensions over international trade, the broad global expansion that began roughly two years ago has plateaued and become less balanced. […]
June 21, 2018
Latin America may be the most unequal region in the world, but it is the only region to significantly lower inequality over the past two decades, […]
March 9, 2018
The resource curse, or paradox of plenty, is when countries with an abundance of natural resources suffer stagnant economic growth or even contraction.
December 28, 2017
We have all had quite the year. Our readers’ interests in 2017 focused on topics that affect how people live their lives: why wages are low, rising income and wealth inequality, household debt, climate change, and the scourge of corruption, to name a few.
As we wrap up the highs and lows […]