South Africa’s economic recovery plan must focus on at least three areas: protecting vulnerable populations, supporting the vulnerable sectors and external trade diversification.
Current housing stimulus measures aim to boost buyer demand and are too small to sustain a recovery. A second round of stimulus is likely to be needed, and it should go into social housing supply.
The controversial HomeBuilder scheme could come with a big upside: making old homes more energy efficient.
Climate action is a vital protection against further global shocks, especially as governments plan their post-pandemic stimulus packages.
Other economic collapses have affected the mining industry, but the one spurred by the coronavirus pandemic is unusual.
The current lockdown in Zimbabwe is going to provide a stern test for its informal economy, which is the country’s dominant economy and employs 90% of people.
State and local authorities are expected to get $150 billion in an attempt to alleviate economic fallout from the coronavirus. But the money will be thinly spread and could run out quickly.
The coronavirus is devastating, but failing to tackle climate change because of the pandemic only compounds the tragedy.
Wherever it can, the government is using automatic means to get money out of the door. It can keep doing it for as long as needed.
In some communities, art sales account for 15% of Indigenous income. They are vanishing with the coronavirus, making conditions worse.
The Trump administration is asking for US$850 billion in stimulus spending. Given the debt’s already at record levels, can the US afford it?
An economist specializing in inequality explains how a basic income guarantee is just what low-wage workers and the economy need.
Cash payments are much more likely to be spent than bonus tax refunds.
The attempts at product differentiation that preceded the $18 billion program are all but exhausted.
Scott Morrison will urge big businesses to display “patriotism” as Australia grapples with the coronavirus crisis, which he warns could hit the economy harder than the global financial crisis.
With a relatively low debt to GDP ratio, Australia was never at risk of becoming Greece. But Germany, with negative interest rates and scant prospects for economic growth, is an open question.
Nigeria’s high unemployment rate has created a bloated and unproductive informal sector.