Focus – Abenomics is found wanting
The record of Abenomics is at best mixed, and at worst a chronicle of failure. Overall growth potential is minimal, lowflation embedded, and vulnerability to shocks high. Orthodox macro policy is now exhausted, and progress in structural reform has been sluggish. … Become a member to read the rest of this article Username or […]
SUB-SAHARAN AFRICA: Big economic blows but cautious optimism on pandemic trends
Dismal Q2 GDP figures highlight the severe impact of the Covid-19 pandemic. Recovery prospects may diverge between those countries that entered the crisis in relatively better shape vs. the region’s laggards (e.g., South Africa). The re-imposition of strict lockdown … Become a member to read the rest of this article