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The stock of EM debt has multiplied since 2000, accompanied by legal difficulties for borrowers falling into distress. Some economists are calling for a complete overhaul of the…
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DOI: 10.1108/OXAN-DB259074
ISSN: 2633-304X
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So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…
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DOI: 10.1108/OXAN-DB260020
ISSN: 2633-304X
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The re-opening comes despite an infection rate that is expected to peak only later this year.
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DOI: 10.1108/OXAN-DB252979
ISSN: 2633-304X
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Lockdown measures have helped stem contagion but have had a devasting impact on the economy. Market liberalisation and debt renegotiation efforts place most of the burden of…
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DOI: 10.1108/OXAN-DB253510
ISSN: 2633-304X
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South African relief package.
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DOI: 10.1108/OXAN-DB252305
ISSN: 2633-304X
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Various restrictions are being eased, and parts of the economy gradually reopened, although a sanitary cordon around Luanda remains. Angola has 73 confirmed COVID-19 cases…
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DOI: 10.1108/OXAN-DB252879
ISSN: 2633-304X
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Debt restructuring was offered to good and bad companies alike. This indiscriminate approach delayed insolvency that would otherwise have overtaken 'zombie' companies.
Ghanaian economic shocks.
However, rather than reject Lusaka's proposal, a group of creditors abstained from the vote, forcing an adjournment until November 13. That date coincides with the end of Zambia’s…
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DOI: 10.1108/OXAN-DB257055
ISSN: 2633-304X
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The explanation lies in a government scheme offering subsidised mortgages, which drew prospective buyers to move faster than they might otherwise have done. While housing demand…