Skip to main content

Vaccines and wars... recoveries and restrictions...

The announcement this week of a successful trial of a COVID-19 vaccine is without doubt good news, but the economic gains for Africa may not be as sweeping as many might hope. Meanwhile, Ethiopia appears to be on the brink of a civil war which would have devastating humanitarian consequences. On the economic front, it would push the economy into recession and significantly raise the risk of a sovereign default.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.