Africa S Pulse No 20 October 2019
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Africa S Pulse No 20 October 2019
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Author : Cesar Calderon
language : en
Publisher: World Bank Publications
Release Date : 2019-10-09
Africa S Pulse No 20 October 2019 written by Cesar Calderon and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-09 with Business & Economics categories.
Growth in sub-Saharan Africa has slightly recovered in 2019 (2.6 percent) from 2.5 percent in 2018. Economic recovery continues at a sluggish pace with growth in the region expected to pick up to 3 .1 percent in 2020 and 3 .2 percent in 2021. Accelerating poverty reduction in Africa requires action in four policy areas: fertility reduction, leveraging the food system on and off the farm, addressing risk and conflict, and providing more public financing to the poverty reduction agenda. Sustaining growth and eradicating poverty calls for policy solutions to empower African women in the following dimensions: building the right skills, relieving capital constraints, securing land rights, connecting women to labor, addressing social norms that limit women's economic opportunities, and boosting the capacity of the next generation.
Africa S Pulse No 20 October 2019
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Author : Cesar Calderon
language : en
Publisher:
Release Date : 2020
Africa S Pulse No 20 October 2019 written by Cesar Calderon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Growth in sub-Saharan Africa has slightly recovered in 2019 (2.6 percent) from 2.5 percent in2018. Economic recovery continues at a sluggish pace with growth in the region expected to pickup to 3 .1 percent in 2020 and 3 .2 percent in 2021. Accelerating poverty reduction in Africa requires action in four policy areas: fertility reduction, leveraging the food system on and off the farm, addressing risk and conflict, and providing morepublic financing to the poverty reduction agenda. Sustaining growth and eradicating poverty calls for policy solutions to empower African women inthe following dimensions: building the right skills, relieving capital constraints, securing land rights, connecting women to labor, addressing social norms that limit women's economic opportunities, and boosting the capacity of the next generation.
Leapfrogging Africa
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Author : Reiner Klingholz
language : en
Publisher: African Sun Media
Release Date : 2020-10-15
Leapfrogging Africa written by Reiner Klingholz and has been published by African Sun Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-15 with Technology & Engineering categories.
In this study, we look at the potential for development leaps in Africa in three key sectors that provided the basis for socioeconomic development around the world: health, education and agriculture. Advances in these sectors increase the human capital, create jobs and economic opportunities and have a positive influence on each other. Healthy and well-fed children can learn better; hygiene and better medical care diminish infant mortality, which reduces the desire for a large number of children; education for women promotes gender equality and causes birth rates to fall further. This creates a population structure under which the economy can grow particularly well: a demographic dividend becomes possible.
Africa S Pulse No 18 October 2018
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Author : Cesar Calderon
language : en
Publisher: World Bank Publications
Release Date : 2018-10-03
Africa S Pulse No 18 October 2018 written by Cesar Calderon and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-03 with categories.
"Africa's Pulse is a biannual publication containing an analysis of the near-term macroeconomic outlook for the region. Each issue also includes a section focusing upon a topic that represents a particular development challenge for the continent. It is produced by the Office of the Chief Economist for the Africa Region of the World Bank. Recent data point to a weakening of economic growth in Sub-Saharan Africa in 2018, according to the new Africa's Pulse, a bi-annual analysis of the state of African economies conducted by the World Bank. The growth slowdown can be attributed to the lower than expected performance of the large countries in the region (South Africa and Nigeria). The downswing reflects poorer performance in agriculture following droughts and lower performance of commodity sectors."
Delivering Growth To People Through Better Jobs
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Author : Weltbankgruppe
language : en
Publisher: World Bank Publications
Release Date : 2023
Delivering Growth To People Through Better Jobs written by Weltbankgruppe and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
Growth in Sub-Saharan Africa is expected to slow to 2.5 percent in 2023 from 3.6 percent in 2022. It is projected to increase to 3.7 percent in 2024 and 4.1 percent in 2025. However, in per capita terms, the region is projected to slightly contract over 2015-2025. The region faces many challenges, including a "lost decade" of sluggish growth, persistently low per capita income, mounting fiscal pressures exacerbated by high debt burdens, and an urgent need for job creation. Tackling these multifaceted issues requires comprehensive reforms to promote economic prosperity, reduce poverty, and create sustainable employment opportunities in the region. This will require an ecosystem that facilitates firm entry, stability, growth, and skill development that matches business demand.
Africa S Pulse No 23 October 2021
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Author : Albert G. Zeufack
language : en
Publisher: World Bank Publications
Release Date : 2021-10-06
Africa S Pulse No 23 October 2021 written by Albert G. Zeufack and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-06 with categories.
The economic impact of the COVID-19 pandemic in Sub-Saharan Africa has been severe; however, countries are weathering the storm so far. Real GDP is estimated to contract by 2.0 percent in 2020—close to the lower bound of the forecast range in April 2020, and less than the contraction in advanced economies and other emerging markets and developing economies, excluding China. Available data from the second half of 2020 point to rebound in economic activity that explain why the contraction in the region was in the lower bound of the forecasts. It reflected a slower spread of the virus and lower COVID-19-related mortality in the region, strong agricultural growth, and a faster-than-expected recovery in commodity prices. Economic activity in the region is expected to rise to a range between2.3 and 3.4 percent in 2021, depending on the policy measures adopted by countries and the international community. However, prospects for a slow vaccine rollout, the resurgence of pandemic, and limited scope for additional fiscal support, could hold back the recovery in the region. Policies to support the economy in the near term should be complemented by structural reforms that encourage sustained investment, create jobs and enhance competitiveness. Reducing the countries’ debt burden will release resources for public investment, in areas such as education, health, and infrastructure. Investments in human capital will help lower the risk of long-lasting damage from the pandemic which may become apparent over the longer term, and can enhance competitiveness and productivity. The next twelve months will be a critical period for leveraging the African Continental Free Trade Area in order to deepen African countries’ integration into regional and global value chains. Finally, reforms that address digital infrastructure gaps and make the digital economy more inclusive †“ensuring affordability but also building skills for all segments of society, are critical to improve connectivity, boost digital technology adoption, and generate more and better jobs for men and women.
Africa S Pulse No 26 October 2022
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Author : Cesar Calderon
language : en
Publisher: World Bank Publications
Release Date : 2022-10-04
Africa S Pulse No 26 October 2022 written by Cesar Calderon and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-04 with categories.
African economies are facing a series of challenges to their post-pandemic recovery. Economic activity in the region is slowing to 3.3 percent amid global headwinds, including weak global growth and tightening global financial conditions. Elevated inflation rates and resulting policy tightening, as well as the rising risk of debt distress, are also impacting economic activity. While food insecurity in Sub-Saharan Africa was increasing before the onset of Covid-19, the pandemic and the food and energy crisis have contributed to the recent steep increase in food insecurity and malnutrition. Climate shocks, low productivity in agriculture, lack of infrastructure also contribute to rising food insecurity in the region. The economic fallout from the multiple crises affecting the region has lowered household incomes, increased poverty, widen inequality and heightened food insecurity. This report discusses short-term measures combined with medium- to long-term policy actions that can strengthen African countries' capacity to build resilience and seize opportunities to unlock productivity-enhancing growth while protecting the poor and vulnerable.
Africa S Pulse No 19 April 2019
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Author : Cesar Calderon
language : en
Publisher: World Bank Publications
Release Date : 2019-04-08
Africa S Pulse No 19 April 2019 written by Cesar Calderon and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-08 with categories.
Economic growth in Sub-Saharan Africa is estimated to have decelerated from 2.5 percent in 2017 to 2.3 percent in 2018, below the rate of growth of population for a fourth consecutive year. Regional growth in 2018 is below the pace projected in 2018 October issue of Africa's Pulse {0.4 percentage points lower). This slowdown was more pronounced in the first half of 2018 and it reflected weaker exports among the region's large oil exporters (Nigeria and Angola) due to dwindling oil production amid higher but volatile international prices for crude petroleum. A deeper contraction in Sudanese economic activity and a broad-based growth slowdown among non-resource-intensive countries also played a role. Sub-Saharan African countries with fragile context have made considerable efforts to find a way out of fragility. Regional and sub-regional economic organizations are promoting economic cooperation and addressing security and peace challenges that go beyond national borders. The special topic of this issue of Africa's Pulse argues that the digital economy can unlock new pathways for inclusive growth, innovation, job creation, service delivery and poverty reduction in Africa. The continent has made. great strides in mobile connectivity; however, it still lags the rest of the world in access to broadband. Only 27 percent of the population in the continent have access to internet, few citizens have digital IDs, businesses are slowly adopting digital technologies and only few governments are investing strategically in developing digital infrastructure, services, skills, and entrepreneurship.
Accelerating Poverty Reduction In Africa
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Author : Kathleen Beegle
language : en
Publisher: World Bank Publications
Release Date : 2019-10-09
Accelerating Poverty Reduction In Africa written by Kathleen Beegle and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-09 with Business & Economics categories.
Sub-Saharan Africa's turnaround over the past couple of decades has been dramatic. After many years in decline, the continent's economy picked up in the mid-1990s. Along with this macroeconomic growth, people became healthier, many more youngsters attended schools, and the rate of extreme poverty declined from 54 percent in 1990 to 41 percent in 2015. Political and social freedoms expanded, and gender equality advanced. Conflict in the region also subsided, although it still claims thousands of civilian lives in some countries and still drives pressing numbers of displaced persons. Despite Africa’s widespread economic and social welfare accomplishments, the region’s challenges remain daunting: Economic growth has slowed in recent years. Poverty rates in many countries are the highest in the world. And notably, the number of poor in Africa is rising because of population growth. From a global perspective, the biggest concentration of poverty has shifted from South Asia to Africa. Accelerating Poverty Reduction in Africa explores critical policy entry points to address the demographic, societal, and political drivers of poverty; improve income-earning opportunities both on and off the farm; and better mobilize resources for the poor. It looks beyond macroeconomic stability and growth—critical yet insufficient components of these objectives—to ask what more could be done and where policy makers should focus their attention to speed up poverty reduction. The pro-poor policy agenda advanced in this volume requires not only economic growth where the poor work and live, but also mitigation of the many risks to which African households are exposed. As such, this report takes a "jobs" lens to its task. It focuses squarely on the productivity and livelihoods of the poor and vulnerable—that is, what it will take to increase their earnings. Finally, it presents a road map for financing the poverty and development agenda.
Africa S Pulse No 29 Spring 2024
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Author : The World Bank
language : en
Publisher: World Bank Publications
Release Date : 2024-04-08
Africa S Pulse No 29 Spring 2024 written by The World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-08 with Business & Economics categories.
Economic growth is expected to rebound in Sub-Saharan Africa, supported by increased private consumption and declining inflation in 2024. However, this positive outlook remains fragile due to uncertain global economic conditions, low fiscal buffers, growing debt service obligation, costly external borrowing, and escalating conflict and violence, which continue to weigh on economic activity in the region. Despite the projected boost in growth, the pace of economic expansion in the region remains slow and insufficient to significantly affect poverty reduction. Structural inequality is at the core of these challenges and tackling it can help to restore growth and accelerate poverty reduction. While domestic resource mobilization and support from the international community can help alleviate the region's funding squeeze, investing in human capital, and strengthening local capacity for service delivery can build people's capacity to seize market opportunities. Policies that boost market access by addressing institutional distortions and market imperfections are also critical for fostering inclusive growth.