In the coming week, I will release a song called: "The #Rohingya", I produced for SOULOGIK πΊπΈ, DAMOLA π³π¬ & CIRCUS RECIPE π±πΈ. Mixed and mastered by LTIP πΏπ¦
I am humbled and privilleged to note that my #Research paper; "Sources of #Unemployment in #Lesotho" is now available and can be accessed via the People's Republic of #China's National #Science and #Technology#Library - #NSTL. I give thanks π
So far this year, I have successfully published three #Research articles in #Macroeconomics & #Finance, with another two in press. I am currently hammering away at a handful of working papers which will most certainly find a home in reputable #Journals, come 2021 ππ½π
Sep 7, 2020 β’ 7 tweets β’ 6 min read
Lets talk about the macroeconomic impact of #COVID19 in the short-medium term. The pandemic continues to have broad based devastating effects, crippling global economic activity. Fiscal & monetary policy is loose, to "ease" the virus' blow. What of a #Vaccine? Will you take It?
The global economic recovery hinges on the flattening both the #COVID19 infection curve and the economic recession curve. Negative output gaps imply activity below potential. The expectation, is for a vaccine to help towards herd immunity, thus flattening the infection curve...
Jul 28, 2020 β’ 5 tweets β’ 3 min read
The 1st thing would be for one to familiarise themselves with the #IMF's #RFI & #RCF facilities to understabd their modalities.The 2nd, would be to appreciate how external shocks (low exports, high capital outflows) dovetail with internal (domestic) shocks e.g. fiscal deficits.
@BraSmoove If facility modalities (qualification requirements etc.) are understood, it becomes apparent the loans are concessional. If overlaps between external & internal shocks are appreciated & public gross financing needs articulated, BoP support from IMF best option.
Jul 20, 2020 β’ 7 tweets β’ 4 min read
Think of #Government this way: it exists to smooth economic activity over the cycle (ups & downs). Ergo, it exists for no other reason but to ensure output is close to or at full potential. Efficient resource allocation & redistribution are neccesary but insufficient condition.
Government has two levers it can pull on to honour this so called "social contract". These are Revenue (taxes) & Primary Spending (consumption & investment). In a downturn, as in an upturn, #FiscalPolicy is an automatic and/or deliberate toggle of those two levers...
May 5, 2020 β’ 7 tweets β’ 4 min read
#Note, before you get yourself killed rocking your #Mask the wrong way... #Dont...
Apr 20, 2020 β’ 20 tweets β’ 29 min read
Lets talk about #Oil and why the price of the #US benchmark #WTI West Texas Intermediate has turned negative FOR THE FIRST TIME EVER...
Some of you are waking up to what might read or sound like another disaster. Just when you were learning how to deal with #COVID19, you hear about a so called plunge in the #Price of #Oil. But what does it mean to have oil in negative territory & why is that the case? Lets see...
Mar 24, 2020 β’ 10 tweets β’ 8 min read
Lets talk about the initiatives by the #WorldBank - WB, #InternationalFinanceCorporation - IFC and #InternationalMonetaryFund - IMF in the fight against the spread of #COVID19...
The #WorldBank / #IFC US$14 billion package intended to #FastTrack financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. package aims to bolster national systems for public health preparedness...
Mar 17, 2020 β’ 14 tweets β’ 14 min read
Lets talk about #Global#CentralBanks and their #MonetaryPolicy stances given #COVID19. Specifically, lets ask ourselves: "Can Central Banks Help Fight COVID-19?"
The best place to start is to note that #Global#Growth was already facing considerable downside risks before the #COVID19 outbreak December 2019. The slow down in global growth came on the back of trade (china vs. us) and geopolitical (Brexit etc.) tensions...
Mar 9, 2020 β’ 9 tweets β’ 12 min read
Lets talk about #Oil and the #Corona / #COVID19#Virus. What is it doing to #Global#Energy#Demand & what does it mean for #OPEC?
On March 5th 2020, the Organisation of #Petroleum Exporting Countries #OPEC concluded its 178th Extraordinary meeting. Aside from Ecuador's withdrawal from OPEC, the #Oil#Cartel was hard pressed to fashion a response to the impact of #COVID19 on #Global oil #Demand...
Mar 3, 2020 β’ 7 tweets β’ 7 min read
If you've been following #Global#Capital#Markets, you'll have noted a significant rebound in some of the world's key stock market indices. This follows a "correction" in the wake of #COVID19. The rebound largely comes on the back of #CentralBank commitment to "lower for longer"
While #CentralBank commitment to "lower for longer" might help rally markets today, it is still imperative for us to consider the #Global#MonetaryPolicy#Toolbox and if policy makers will have enough space to "keep cutting" or providing "stimulus" moving forward.
Feb 24, 2020 β’ 12 tweets β’ 14 min read
Lets talk about the 1st meeting of #G20#Finance Ministers and #CentralBank Governors. Specifically, lets talk about the short to medium term headwinds for global #Economic#Growth...
If you haven't been living under a rock, and you happen to be an avid scholar / practitioner in the world of #Global#Finance / #CentralBanking, then you know that the Group of 20 Finance Ministers & Central Bank Governors met on the 22-23 Feb 2020 in #Riyadh, #SaudiArabia...
Lets talk about #Argentina and the #IMF. Specifically, lets talk about the biggest IMF #Bailout in #History...
Before we start talking about #Argentina & how the #IMF has extended to them a #Bailout that is by far the biggest in the organisation's history, let us first appreciate what the functions of the IMF are...
Lets talk about #StockMarket participation & #SocialInteraction...
Here is a question: If you go to church with, or you are a neighbour to someone that participates in the #StockMarket, do you think being in their company can lead to you (given you aren't a retail investor) participating in the stock market?
Lets talk about the upcoming 1st meeting of the #FED#FOMC (28-29 January 2020). Specifically, lets talk about the #DOTS...
The #FED#FOMC developed the so called #DotPlot in 2011 as a chart to record each FED's official forecast for the FED's key short-term interest rate (federal funds rate - #FFR). Currently, the FFR, following the December 2019 meeting is in the target range between 1.5% and 1.75%