Africa needs to rise above the policy dilemmas confront...
It is no secret that the Covid-19 outbreak is fast undoing the gains made throughout the continent, including in South Africa, over the past 20 years. Both the World Bank and the International Monetary Fund (IMF) have noted this developing trend in successive publications released since the onset of the pandemic. The distinguishing – or exacerbating — factor for the region is the scale and the depth of social policy, fiscal leverage and monetary policy buffers. More appropriately, the insufficient availability of these instruments has been fundamental in accelerating the adverse consequen...
Source: dailymaverick.co.za