Coronavirus and sliding Indian economy: What's the way out?

India has become the world's new hotspot for the Covid-19 pandemic as infection cases have surged in recent weeks. On September 22, the total number of confirmed cases surged past 5.6 million. If the current trend continues, India may soon become the world's worst-hit country, surpassing the US. With more...

Curb capital flight to help fund Covid-19 response in Africa

The United Nations (UN) estimates that African countries will need at least $200 billion to cope with the socioeconomic costs of the Covid-19 pandemic, in addition to emergency health spending. Where can the continent raise these new funds?Prospects for new inflows are limited. Official development assistance to Africa has stagnated...