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Africas Pulse April 2014
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Book Synopsis Africa's Pulse, April 2014 by : Punam Chuhan-Pole
Download or read book Africa's Pulse, April 2014 written by Punam Chuhan-Pole and published by World Bank Publications. This book was released on 2014-09-20 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Africa's Pulse, April 2014 written by and published by . This book was released on 2014 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Africa's Pulse Fall 2014 written by and published by . This book was released on 2014 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Africa's Pulse, Fall 2014 by : Punam Chuhan-Pole
Download or read book Africa's Pulse, Fall 2014 written by Punam Chuhan-Pole and published by World Bank Publications. This book was released on 2014-11-24 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa's Pulse, No. 27, April 2023 by : The World Bank
Download or read book Africa's Pulse, No. 27, April 2023 written by The World Bank and published by World Bank Publications. This book was released on 2023-04-05 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa's Pulse, No. 19, April 2019 by : Cesar Calderon
Download or read book Africa's Pulse, No. 19, April 2019 written by Cesar Calderon and published by World Bank Publications. This book was released on 2019-04-08 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa's Pulse, No. 20, October 2019 by : Cesar Calderon
Download or read book Africa's Pulse, No. 20, October 2019 written by Cesar Calderon and published by World Bank Publications. This book was released on 2019-10-09 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa's Pulse, Fall 2015 by : Punam Chuhan-Pole
Download or read book Africa's Pulse, Fall 2015 written by Punam Chuhan-Pole and published by World Bank Publications. This book was released on 2015 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa's Pulse, No. 25, April 2022 by : Cesar Calderon
Download or read book Africa's Pulse, No. 25, April 2022 written by Cesar Calderon and published by World Bank Publications. This book was released on 2022-04-13 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Delivering Growth to People Through Better Jobs by : Weltbankgruppe
Download or read book Delivering Growth to People Through Better Jobs written by Weltbankgruppe and published by World Bank Publications. This book was released on 2023 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis African Perspectives on Trade and the WTO by : Patrick Low
Download or read book African Perspectives on Trade and the WTO written by Patrick Low and published by Cambridge University Press. This book was released on 2016-09-29 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twenty-first century Africa is in a process of economic transformation, but challenges remain in areas such as structural reform, governance, commodity pricing and geopolitics. This book looks into key questions facing the continent, such as how Africa can achieve deeper integration into the rules-based multilateral trading system and the global economy. It provides a range of perspectives on the future of the multilateral trading system and Africa's participation in global trade and underlines the supportive roles that can be played by multilateral and regional institutions during such a rapid and uncertain transition. This volume is based on contributions to the Fourth China Round Table on WTO Accessions and the Multilateral Trading System, which took place just before the World Trade Organization's Tenth Ministerial Conference in Nairobi in December 2015.
Book Synopsis Africa's Pulse Spring 2015 by : Punam Chuhan-Pole
Download or read book Africa's Pulse Spring 2015 written by Punam Chuhan-Pole and published by World Bank Publications. This book was released on 2015-04-13 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa's Pulse, No. 23, October 2021 by : Albert G. Zeufack
Download or read book Africa's Pulse, No. 23, October 2021 written by Albert G. Zeufack and published by World Bank Publications. This book was released on 2021-10-06 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa's Pulse, No. 26, October 2022 by : Cesar Calderon
Download or read book Africa's Pulse, No. 26, October 2022 written by Cesar Calderon and published by World Bank Publications. This book was released on 2022-10-04 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Mutual Review of Development Effectiveness in Africa 2015 Promise and Performance by : OECD
Download or read book The Mutual Review of Development Effectiveness in Africa 2015 Promise and Performance written by OECD and published by OECD Publishing. This book was released on 2015-11-03 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author :United Nations Department of Economic and Social Affairs Publisher :United Nations ISBN 13 :921057270X Total Pages :222 pages Book Rating :4.2/5 (15 download)
Book Synopsis World Economic and Social Survey 2014/2015 by : United Nations Department of Economic and Social Affairs
Download or read book World Economic and Social Survey 2014/2015 written by United Nations Department of Economic and Social Affairs and published by United Nations. This book was released on 2016-02-22 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Development and Policy Dialogue: Contemporary Insights by : Thomas Kaydor Jr.
Download or read book Development and Policy Dialogue: Contemporary Insights written by Thomas Kaydor Jr. and published by AuthorHouse. This book was released on 2020-07-09 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
