Rates are now higher than after Liz Truss’s 2022 mini-budget.
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Ghana’s sovereign risk has been downgraded to near junk status by ratings agencies in recent times.
There are a number of reasons why Ghana’s domestic borrowing is more expensive than foreign debt.
A market crash may be more likely than at any time in a generation.
Precedent suggests that what’s happened in the US will lead to a recession, but maybe it’ll be different this time.
Italy’s economy is verging on bankrupt and its election results have dealt a hammer blow to the prospects of fixing things. The best option, financially at least, may be to put someone else at the helm.
South Africa has made some progress in fixing problems identified by ratings agencies. But there are a number of outstanding issues that might mean the country is given ‘junk’ status.
Top contributors
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Professor, Monash University
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Professor of Economics, UNSW Sydney
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Lecturer in Economics, University of the Witwatersrand
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Senior Lecturer in Economics / Director of the Institute of European Finance, Bangor University
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Lecturer in Economics, Macroeconomics and Mathematical Economics, University of the Witwatersrand
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Lecturer, Department of Economics, University of Ghana
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Associate Lecturer, University of Aberdeen
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Professor of Banking, Bangor University
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Professor in Finance, University of Stirling
