Emerging and frontier markets: Policy tools in times of financial stress

After the unprecedented hit to economic activity in emerging market economies from the Covid-19 pandemic, their economic output is projected to shrink by 3.30 per cent in 2020. Central banks across emerging markets responded swiftly and forcefully with an unprecedented response of their own. They did this by using a...

How Cuba responds to pandemic, blockade and economic troubles

Buffeted for six decades by the United States (US) economic blockade and recently having had to cope with restrictions on daily life and work due to Covid-19, Cuba's already shaky economy is deteriorating. Government leaders recently outlined remedial steps leading to what they call a "new normal."The UN's Economic Commission...