AFMI 2021: countries improved fiscal management despite slow growth
Tuesday 2 November 2021 – Vol.12 Ed.44.2
Commentary: African countries are navigating an uneven recovery
Absa Africa Financial Markets Index 2021
The Absa Africa Financial Markets Index assesses countries’ financial market development according to six pillars. Pillar 5 evaluates countries’ potential for growth by looking at both macroeconomic performance and quality of governance. Despite constrained growth and deteriorating credit quality in a number of countries in 2020, improvements in financial and fiscal transparency kept scores steady.
Read the full commentary on the website.
On demand: Economic future of Latin America
Over the past year Covid-19 has hit Latin America particularly hard. While a bounce-back of sorts is already being seen, two decades of disappointing economic performance in comparison to other emerging market regions has left doubt in many analysts’ minds. With a continuing struggle to obtain high-quality vaccines in the region, further waves of Covid-19 can’t be discounted and a reopening boom may not occur. Despite this, the region may still benefit from wider global trends, a rise in commodity prices, increased global demands and a resumption of capital flows towards global markets.
Watch the video here.
