Friday Five

Powered by the spread of smartphones, better access to broadband and the creation of delivery infrastructure, our view is that digital food delivery is on the cusp of a major expansion in emerging markets.

While QE has so far been deployed across 17 EMs, it has yet to be attempted by any frontier market economies. Looking ahead, will lower-income countries be tempted to try their hand at QE given its apparent success so far in mainstream EMs?

The latest WEO numbers confirm what many have already come to know as true and markets have already priced in, namely that the global recession caused by Covid-19 is likely to be larger and the recovery period slower than previously thought.

E-commerce infrastructure is a sector of its own and will accelerate e-commerce growth in emerging markets and globally.

We surveyed 600 consumers across six large emerging markets to assess how Covid-19 has affected them, their employers and their transactional behaviour.