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How well the government handles the disaster could dictate its ability to push through difficult reform
Underwriting left unused after deal is 33% oversubscribed
Driving pricing lower was the small size and the green label
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Could capital market instruments help the world prepare for or react to another pandemic? Those who have spent the last few years designing these types of tools for natural disasters have some ideas.
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In GlobalMarkets’ discussion with DMO heads from Lithuania, Slovenia, Ukraine and Uzbekistan at the end of May, there emerged an optimistic outlook for their countries.
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We are living in deeply challenging times. The ongoing Covid-19 pandemic has affected every facet of social and economic activity across the globe: it has caused a tragic loss of life, it has induced governments to undertake severe lockdown measures and it has severely disrupted the normal flow of people, goods and services.
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Following a deep and protracted recession after the great financial crisis, the Croatian economy has markedly improved over the last couple of years against the background of EU accession. Exports grew strongly as the remaining barriers to trade were dismantled and boosted competitiveness, with strong increases both in exports of goods, as well as exports of services, on the back of steadily increasing numbers of foreign tourists and their rising consumption.
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The Covid-19 health crisis has emerged into a swift and globally synchronised economic crisis. Given the high openness of the Macedonian economy, it has suffered as well, both through the global lockdown and the domestic containment measures.
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Ukraine entered the global economic crisis caused by the coronavirus pandemic in a much better shape than during the crises of 2008 and 2014. The ‘Great Lockdown’ is the first crisis in the history of Ukraine in which we haven’t observed the bankruptcy of banks, a spike in inflation, a catastrophic decline in international reserves, or long lines near ATMs. All of this is the result of consistent economic policy during previous years.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa