The study provides a critical assessment of the implications of COVID-19 pandemic on the country’s fiscal consolidation path and identify alternative policy options for mitigating the high risk of debt distress.
Global flows of foreign direct investment have been severely hit by the COVID-19 pandemic. In 2020, they fell by one third to $1 trillion, well below the low point reached after the global financial crisis a decade ago.
In 2020 the Nigerian economy shrank by 1.8%, its deepest decline since 1983. The COVID-19 crisis drove the economic slowdown; the external context was marked by capital outflows, intensified risk aversion, low oil prices, and shrinking foreign remittances.
This paper proposes a model that sheds light on foreign direct investments in farmland. Countries can obtain food from other countries through international trade as well as by means of foreign land acquisition to offshore production.
Globally, both FDI inflows and outflows started to recover in 2019, with the former growing 30% to $1.5 billion and the latter increasing by 33% to $1.3 billion. However, the COVID-19 pandemic has caused global FDI flows to drop by 49% in the first two quarters of 2020 compared to the same period in 2019.
The global spread of COVID-19 exerts impact on foreign investment policies. The devastating economic effects of the pandemic are expected to drive down global FDI flows by 40%, to its lowst level of the past two decades.
Escalating environmental degradation and the risk of climate change are attracting growing attention from both policy makers and the public. For Asian countries, decades of remarkable economic growth have had mixed results in terms of environmental implications.
Africa’s vast development needs provide ample opportunity for impact investments, which aim not only to generate a financial return for investors but also to have a positive social and environmental effect, says the Africa Impact Report 2019, launched by the Public Investment Corporation (PIC) and Impact Investing SA.