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Sanou Mbaye

Sanou Mbaye

19 commentaries

Sanou Mbaye, a former member of the senior management team of the African Development Bank, is a Senegalese investment banker and the author of L’Afrique au secours de l’Afrique (Africa to the Rescue of Africa).

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  1. op_schauble6_YANNSCHREIBERAFPviaGettyImages_ecbcovid Yann Schreiber/AFP via Getty Images

    Are We Risking a Debt Pandemic?

    Wolfgang Schäuble

    Even in a crisis as grave as the COVID-19 pandemic, money is not a panacea, and borrowing makes sense only if it is carried out prudently and reasonably. Otherwise, states will jeopardize their long-term financial flexibility, price stability, and competitiveness.

    worries that monetization of pandemic-related government borrowing will boost inflation and erode competitiveness.
    4

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