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Could China Be a White Knight Again for Latin America?
China helped spare the region from the worst of the 2008-09 financial crisis. But recently, its lending to Latin America has been in decline.
- Categories
- Coronavirus
- Region
- Latin America
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Financial Health and the Coronavirus: Another Failure to Prepare
Even before the coronavirus crisis, global financial health was surprisingly precarious, with many people unprepared to weather a significant financial shock. As Elisabeth Rhyne points out, this issue is becoming painfully clear now that the pandemic is causing mass disruptions in income and employment. She explores the lasting consequences this will have, and calls on policymakers to provide relief now – and to make financial health an urgent priority going forward.
- Categories
- Finance
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Report: Almost 25 Million Jobs Could Be Lost Worldwide as a Result of COVID-19, Says ILO
An initial assessment of the impact of COVID-19 on the global world of work says the effects will be far-reaching, pushing millions of people into unemployment, underemployment and working poverty, and proposes measures for a decisive, co-ordinated and immediate response.
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Press Release: DFC Approves Nearly $900 Million for Global Development Projects
The projects approved will expand access to clean water, bolster marine conservation, and improve the availability of secure telecommunications.
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How Africa Hopes to Gain From the ‘New Scramble’
Major world powers are jostling for political and economic influence in Africa, but what is behind the renewed interest on the continent and what are African countries doing about it?
- Region
- Sub-Saharan Africa
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‘Afro-Optimism’ on the Rise Among Continent’s Youth, Finds Survey
Ivor Ichikowitz, chairman of the Ichikowitz Family Foundation, which commissioned the survey, said the results “are a loud wake-up call to all the Afro-sceptics”.
- Categories
- Entrepreneurship, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: The Power of AI in Emerging Markets
Artificial intelligence is forecast to contribute $15.7 trillion to the global economy by 2030, delivering socioeconomic value to all sections of society over the coming years. And a substantial share of this total will accrue to emerging economies.
- Categories
- Technology
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Viewpoint: How China’s Belt And Road Became A ‘Global Trail Of Trouble’
In some markets, Chinese investment has nearly become a euphemism for wasteful spending, environmental destruction and untenable debt.
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