Africa S Pulse No 26 October 2022
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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.
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 27 April 2023
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Author : The World Bank
language : en
Publisher: World Bank Publications
Release Date : 2023-04-05
Africa S Pulse No 27 April 2023 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 2023-04-05 with Business & Economics categories.
Economic growth in Sub-Saharan Africa slowed to 3.6 percent in 2022, from 4.1 percent in 2021 but may be bottoming out. Weak investment growth and macroeconomic instability are weighing on economic activity. Inflation remains persistently high and above target despite early and sizable interest rate increase. Amid unfavorable global financial conditions and high levels of debt, African policymakers must bank on their domestic policy space to restore macroeconomic stability, deepen structural reforms to foster inclusive growth, and implement policies that harness the region's resource wealth during the low carbon transmission. This natural wealth holds significant untapped economic potential to address fiscal challenges and drive economic transformation. The low carbon transition is irreversible and will be intensive in the minerals required for the clean energy transition, many of which are abundant across Africa.
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.
Covid 19 And Sovereign Debt The Case Of Sadc
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Author : Daniel D. Bradlow
language : en
Publisher: Pretoria University Law Press
Release Date : 2022-02-23
Covid 19 And Sovereign Debt The Case Of Sadc written by Daniel D. Bradlow and has been published by Pretoria University Law Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-23 with Law categories.
This multi-disciplinary publication focuses on the issue of African sovereign debt management and renegotiation/ restructuring, with a particular concentration on the countries that are members of the Southern Africa Development Community (SADC). It contains a series of essays that were initially presented in several workshops held at the height of the pandemic, in 2020. These essays seek to both understand the debt challenges facing these countries and to offer some policy-oriented suggestions on how they can more effectively address these. They include contributions by global and regional scholars who are seasoned experts and newer researchers and discuss the complexities on debt management and restructuring within the context of the global COVID-19 pandemic. In particular, this presented an opportunity for junior researchers from the region to contribute to international discussions on a topic in which the views of young Africans are not heard as often or as clearly as they should be, especially given the importance of the topic to Africa and its future. Further, this book is expected to stimulate debate among academics, activists, policy makers and practitioners on how SADC should manage its debt.
The Landscape Of Global Health Inequity
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Author : Barbara W. K. Son
language : en
Publisher: Springer Nature
Release Date :
The Landscape Of Global Health Inequity written by Barbara W. K. Son and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Covid 19 Et La Dette Souveraine Cas De La Sadc
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Author : Daniel D. Bradlow
language : fr
Publisher: Pretoria University Law Press
Release Date : 2022-01-01
Covid 19 Et La Dette Souveraine Cas De La Sadc written by Daniel D. Bradlow and has been published by Pretoria University Law Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-01 with Law categories.
Cette publication pluridisciplinaire se concentre sur la question de la gestion et de la renégociation/restructuration de la dette souveraine Africaine avec une attention particulière pour les pays membres de la Communauté de Développement de l’Afrique Australe (SADC). Ces essais cherchent à la fois à comprendre les défis de la dette auxquels ces pays sont confrontés et à offrir des suggestions orientées vers la politique sur la manière dont ils peuvent y faire face plus efficacement : Ils comprennent des contributions de spécialistes mondiaux et régionaux, experts chevronnés et chercheurs plus récents, et abordent les complexités de la gestion et de la restructuration de la dette dans le contexte de la pandémie mondiale de COVID-19. Il s’agit en particulier d›une opportunité pour les jeunes chercheurs de la région de contribuer aux discussions internationales sur un sujet où les opinions des jeunes Africains ne sont pas entendues aussi souvent ou aussi clairement qu›elles devraient l’être, surtout compte tenu de l’importance du sujet pour l’Afrique et son avenir. En outre, ce livre devrait stimuler le débat entre les universitaires, les militants, les décideurs et les praticiens sur la manière dont la SADC devrait gérer sa dette.
Covid 19 E D Vida Soberana O Caso Da Sadc
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Author : Daniel D. Bradlow
language : pt-BR
Publisher: Pretoria University Law Press
Release Date : 2022-01-01
Covid 19 E D Vida Soberana O Caso Da Sadc written by Daniel D. Bradlow and has been published by Pretoria University Law Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-01 with Law categories.
Esta publicação multidisciplinar centra-se na questão da gestão e renegociação/reestruturação da dívida soberana africana, com uma concentração particular nos países membros Da Comunidade de Desenvolvimento da África Austral (SADC). Contém uma série de ensaios que foram apresentados inicialmente em diversos workshops realizados no auge da pandemia, em 2020. Estes ensaios procuram entender os desafios da dívida enfrentados por esses países e oferecer algumas sugestões orientadas por políticas sobre como eles podem lidar com esses problemas de maneira mais eficaz. Estes incluem contribuições de acadêmicos globais e regionais que são especialistas experientes e pesquisadores mais novos e discutem as complexidades da gestão da dívida e reestruturação no contexto da pandemia global do COVID-19. Em particular, isso representou uma oportunidade para pesquisadores juniores da região contribuírem para discussões internacionais sobre um tema em que as opiniões dos jovens africanos não são ouvidas com tanta frequência ou clareza como deveriam, especialmente devido à importância do tema para a África e seu futuro. Além disso, espera-se que este livro estimule o debate entre académicos, activistas, decisores políticos e profissionais sobre como a SADC deve gerir a sua dívida.
Africa S Pulse No 22 Fall 2020
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Author : Albert G. Zeufack
language : fr
Publisher: World Bank Publications
Release Date : 2020-10-07
Africa S Pulse No 22 Fall 2020 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 2020-10-07 with Business & Economics categories.
COVID-19 has taken a large toll on economic activity in Sub-Saharan Africa, putting a decade of hard-won economic progress at risk. The pandemic is pushing the region into its first recession in 25 years. In 2020, GDP per capita is expected to contract by 6.5 percent in Sub-Saharan Africa and by the end of 2021, it’s likely to have regressed back to its 2007’s level. As a consequence, COVID-19 could push up to 43 million people into extreme poverty in Africa, erasing at least five years of progress in fighting poverty. The road to recovery will be long, steep, and must be paved with sound economic policies. Countries need to reconstitute fiscal space to help finance programs that can stimulate recovery. Better debt transparency and management, better service delivery, civil society engagement and less corruption will be critical. Ultimately, sustained recovery will depend on how fast African countries prioritize policy actions and investment that address the challenge of creating more, better and inclusive jobs. These policy priorities, in turn, operate through three critical (an inter-related) channels: the digital transformation, the sectoral reallocation, and the the spatial integration. Countries must expand digital infrastructure and make connectivity affordable, reliable and universal across Africa. Shifting resources towards non-traditional economic sectors with higher productivity, lower volatility and greater value addition, fully leveraging the African Continental Free Trade Area (AfCFTA) will be equally critical. Finally, fostering the reallocation of resources from less to more efficient job-creating locations through enhanced rural-urban, inland-coastal connectivity will be key to jobs and economic transformation. Interestingly, number of countries, especially in the East African Community and in the West African Monetary Union are seizing the opportunity of the crisis to accelerate these reforms.
Global Economic Prospects June 2021
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2021-08-03
Global Economic Prospects June 2021 written by 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 2021-08-03 with Business & Economics categories.
The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.
