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Africa's Pulse, April 2014 by Punam Chuhan-Pole Pdf
Africa’s Pulse is a biannual publication containing an analysis of the near-term macro-economic outlook for the region. It also includes a section focusing on a topic that represents a particular development challenges for the continent. It is produced by the Office of the Chief Economist for the Africa Region.
Africa's Pulse, No. 19, April 2019 by Cesar Calderon,Gerard Kambou,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales Pdf
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.
Africa's Pulse, Fall 2014 by Punam Chuhan-Pole Pdf
Africa’s Pulse is a biannual publication containing an analysis of the near-term macro-economic outlook for the region. It also includes a section focusing on a topic that represents a particular development challenges for the continent. It is produced by the Office of the Chief Economist for the Africa Region.This issue is an analysis of issues shaping Africa's economic future. Growth remains stable in Sub-Saharan Africa. Some countries are seeing a slowdown, but the region's economic prospects remain broadly favorable. External risks of higher global financial market volatility and lower growth in emerging market economies weigh on the downside. In several Sub-Saharan African countries, large budgetary imbalances are a source of vulnerability to exogenous shocks and underscore the need for rebuilding fiscal buffers in these countries. The Ebola outbreak is exacting a heavy human and economic toll on affected countries and, if not rapidly contained, the risk of wider contagion grows. Without a scale-up of effective interventions, growth would slow markedly not only in the core countries (Guinea, Liberia, and Sierra Leone), but also in the sub region as transportation, cross-border trade, and supply chains are severely disrupted. In Sub-Saharan Africa, growth in agriculture and services is more effective at reducing poverty than growth in industry. Structural transformation has a role to play in accelerating poverty reduction in Sub-Saharan Africa. Increasing agricultural productivity will be critical to fostering structural transformation. Boosting rural income diversification can facilitate this transformation, as well. Investments in rural public goods and services (for example, education, health, rural roads, electricity and ICT), including in small towns, will be conducive to lifting productivity in the rural economy. Although Sub-Saharan Africa's pattern of growth has largely bypassed manufacturing, growing the region's manufacturing base, especially by improving its fundamentals, lower transport cost, cheaper and more reliable power, and a more educated labor force, will benefit all sectors.
African Perspectives on Trade and the WTO by World Trade Organization. China Round Table Pdf
Twenty-first-century Africa is in a process of dynamic economic transformation. However, challenges remain in areas such as structural reform, governance, market turbulence, commodity pricing, and geopolitics. There is a critical need for African economies to assess growth models and strategies to foster increased, sustained, and inclusive growth. The book contributes to contemporary debate on key questions facing the continent, such as: How can Africa achieve deeper integration into the rules-based multilateral trading system and the global economy? What approaches and next steps are possible, according to economic and trade policymakers? What supportive roles can multilateral and regional institutions play? This volume is a product of the Fourth China Round Table, which took place during the WTO's Tenth Ministerial Conference, held in Kenya in December 2015. Supported by independent expert analyses, the book proposes a range of African perspectives on the role of trade, the WTO, and its future agenda.
The Mutual Review of Development Effectiveness in Africa 2015 Promise and Performance by OECD,United Nations Economic Commission for Africa Pdf
In order to maintain the strong progress achieved since 2000 and meet Africa's longer-term challenges, it is important for both African governments and their international partners to meet their development commitments and to monitor and evaluate their results.
Africa's Pulse, No. 18, October 2018 by Cesar Calderon,Gerard Kambou,Vijdan Korman Pdf
"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."
Development and Policy Dialogue: Contemporary Insights by Thomas Kaydor Jr. Pdf
We live in a time when the largest numbers of people who were being lifted out of absolute poverty in a relatively short time in human history have relapsed into extreme poverty due to the Coronavirus Disease (COVID-19). This is happening in Africa, Asia, Europe, the Pacific and Americas as well as all other parts of the globe. At this time, the understanding of Public Policy and development are enriched at an unprecedented pace. This is also the time when the once thriving economic, social, political and environmental transformations developing and developed countries experienced are being undermined by the global pandemic. The experience for developing countries to achieve prosperity through economic growth, good governance and inclusivity have gained greater attention today than ever. The desired paths and innovative approaches to harnessing public policy dialogue are even more demanding; thus, the rightful time to explore important insights about national and global development. Issues regarding aid, corruption and anti-corruption, poverty reduction, social protection, economic growth and overall sustainable development require sober reflections. Such reflections and insights must be evidence-based. To these, this book contributes. It’s therefore a compelling consensus to grab and read a copy. Don’t miss it.
Islamic Finance and Africa's Economic Resurgence by Muhammad Al Bashir Muhammad Al Amine Pdf
This book analyzes Africa's unprecedented economic growth, the state of its financial sector, and the varied opportunities for Islamic finance investors. It considers the role - potential and realized - of Islamic finance in fostering financial inclusion in areas such as banking, microfinance, capital market development, insurance, and private equity business. The book stresses that investing in Africa through Islamic finance will open new markets, ensure higher profit margins, diversify risk, and create business competition; and that these changes that will provide financial products that can satisfying the desires and beliefs of all consumers and unlock the real potential of the continent's financial system. The book also looks into the rise of international interest in Africa and concludes by scrutinizing the challenges impeding further economic growth, as well as the specific barriers that need to be addressed in order to promote the implementation of Islamic finance. Investors, policymakers, and academics ready to confront these challenges will find much of value in this book.
United Nations Department of Economic and Social Affairs
Author : United Nations Department of Economic and Social Affairs Publisher : United Nations Page : 222 pages File Size : 52,7 Mb Release : 2016-02-22 Category : Political Science ISBN : 9789210572705
World Economic and Social Survey 2014/2015 by United Nations Department of Economic and Social Affairs Pdf
The year 2015 was one of global action concerning the Millennium Development Goals (MDGs) and other challenges. The 2030 Agenda for Sustainable Development along with a set of new Sustainable Development Goals (SDGs) will apply universally to all countries. As the MDG experience shows, setting ambitious goals is the first step; achieving them requires concrete actions. This publication reviews economic, social and environmental policies implemented at the national level and the institutional aspects that enabled them, bringing about significant progress towards achieving the MDGs. The Survey draws a set of policy lessons that States will find helpful in formulating strategies and policies for implementing the 2030 Agenda.
Author : The World Bank Publisher : World Bank Publications Page : 100 pages File Size : 43,9 Mb Release : 2023-04-05 Category : Business & Economics ISBN : 9781464819858
Africa's Pulse, No. 27, April 2023 by The World Bank Pdf
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. 20, October 2019 by Cesar Calderon,Gerard Kambou,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales Pdf
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, Fall 2015 by Punam Chuhan-Pole Pdf
External headwinds and domestic difficulties are impacting economic activity in Sub-Saharan Africa. Sub-Saharan Africa's growth will decelerate in 2015 amid weak global economic conditions. Some countries, however, will continue posting solid growth. Sub-Saharan Africa is entering a period of tightening borrowing conditions amid growing domestic and external vulnerabilities. Reflecting the widening fiscal deficits, government debt has continued to rise in many countries. Weak fundamentals, combined with the strong appreciation of the U.S. dollar, have kept currencies across the region under pressure throughout the year. Policy buffers are low in several countries, constraining the response to the current environment and underscoring the need for African countries to improve domestic resource mobilization and enhance public expenditure efficiency. Progress in reducing income poverty in Sub-Saharan Africa may have been faster than the authors thought, but poverty remains high. The region's growth deceleration challenges efforts to reduce poverty.
Africa's Pulse, No. 25, April 2022 by Cesar Calderon,Alaine Kabundi,Albert G. Zeufack,Kaleb Girma Abreha,Megumi Kubota,Dhushyanth Raju,Vijdan Korman,Woubet Kassa,Solomon Owusu Pdf
Sub-Saharan Africa's recovery from the pandemic is expected to decelerate in 2022 amid a slowdown in global economic activity, continued supply constraints, outbreaks of new coronavirus variants, climatic shocks, high inflation, and rising financial risks due to high and increasingly vulnerable debt levels. The war in Ukraine has exacerbated the already existing tensions and vulnerabilities affecting the continent. Given the sources of growth in the region and the nature of the economic linkages with Russia and Ukraine, the war in Ukraine might have a marginal impact on economic growth and on overall poverty—as this shock affects mostly the urban poor and vulnerable people living just above the poverty line. However, its largest impact is on the increasing likelihood of civil strife as a result of food- and energy-fueled inflation amid an environment of heightened political instability. The looming threats of stagflation require a two-pronged strategy that combines short-term measures to contain inflationary pressures and medium-to-long-term policies that accelerate the structural transformation and create more and better jobs. In response to supply shocks, monetary policy in the region may prove ineffective to bring down inflation and other short-run options may be restricted by the lack of fiscal space. Concessional financing might be key to helping countries alleviate the impact of food and fuel inflation. Over the medium term, avoiding stagflation may require a combination of actionable measures that improve the resilience of the economy by shoring up productivity and job creation. Lastly, ongoing actions to enhance social protection—including dynamic delivery systems for rapid scalability and shock-sensitive financing—could be strengthened further to improve economic resilience against shocks and foster investments in productive assets.
African States since Independence by Darin Christensen,David D. Laitin Pdf
Authors Christensen and Laitin argue that an interplay of geographic, historical, and demographic factors undergird sub-Saharan states’ post-independence struggles to eradicate poverty, establish democratic accountability, and quell civil unrest. They set out the founding fathers’ challenges in transforming their postcolonial states, many of which are ethnically diverse, geographically diffuse, sparsely populated, and lacking in administrative capacity. With the legacies of the slave trade, partition, Christian missionaries, and extractive colonial institutions complicating their efforts, many African states faced stagnation, authoritarianism, and civil strife. Recent years have seen promising attempts to restore democracy to states under authoritarian rule and to liberalize their economies, suggesting that the region is moving toward a new era. Relying on the best statistical data and richly illustrated with case material, this book is an indispensable source for scholars and policy analysts seeking to understand Africa’s post-independence political trajectories.
