Risk Alert (Week of 20 April)
This week, Dr Frans Cronje considers the proposal by the European Commission to reopen the economies of Europe, and contrasts this with the recent tightening of restrictions in Japan.
Publication description
On South Africa, Dr Cronje discusses the growing likelihood of increased stimulus spending and highlights the prospect of money-printing as a medium-term risk.
Dr Cronje also reflects on the risks attendant to a premature re-opening of South Africa’s schools, which, he argues, would undermine much of the effect of the lockdown to date.