{"id":8549,"date":"2020-03-11T08:30:12","date_gmt":"2020-03-11T05:30:12","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=8549"},"modified":"2026-01-11T05:30:54","modified_gmt":"2026-01-11T05:30:54","slug":"will-africas-economies-buckle-under-the-coronavirus","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2020\/03\/11\/will-africas-economies-buckle-under-the-coronavirus\/","title":{"rendered":"Will Africa&#8217;s Economies Buckle Under the Coronavirus?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"> <strong>By Ronak Gopaldas<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The outbreak of the coronavirus disease named COVID-19 has led to mass fear and panic worldwide. Although the infection rate in Africa has been minimal to date, concern is mounting that its arrival on a bigger scale is imminent, and that the continent won&#8217;t be adequately prepared for the fallout.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It&#8217;s widely thought that a pandemic would disproportionately affect Africa given its relatively underdeveloped healthcare sector, insufficient infrastructure and porous borders. Similarly, the economic fallout for the continent is likely to be severe and long-lasting. Many of its countries having a high dependence on commodity exports to China, relatively weak sovereign balance sheets, high debt burdens and volatile currencies, among numerous other external fragilities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With widespread confusion and uncertainty around the economic, political and security aspects of the virus, policymakers, civil society and business are scrambling to adequately prepare for its consequences.<ins><\/ins><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While China was ground-zero for the COVID-19 outbreak, a discussion of its impact on Africa can&#8217;t be limited to Sino-Africa relations. COVID-19&#8217;s rapid transmission around the world, China&#8217;s deeply embedded role in global demand and supply chains, and the broader implications of international fiscal and monetary stimulus on Africa are critical in ascertaining possible scenarios facing Africa. <a href=\"https:\/\/allafrica.com\/stories\/202003100001.html\">Read more&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ronak Gopaldas The outbreak of the coronavirus disease named COVID-19 has led to mass fear and panic worldwide. Although the infection rate in Africa has been minimal to date,&hellip;<\/p>\n","protected":false},"author":3,"featured_media":8550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[101],"tags":[],"class_list":["post-8549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/8549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=8549"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/8549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/8550"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=8549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=8549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=8549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}