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Africas Pulse No 20 October 2019
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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, 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 . This book was released on 2020 with total page 106 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 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.
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. 19, April 2019 by : Cesar Calderon
Download or read book Africa's Pulse, No. 19, April 2019 written by Cesar Calderon and published by . This book was released on 2019 with total page 143 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 2.3percent in 2018, below the rate of growth of population for a fourth consecutive year. Regional growth in2018 is below the pace projected in 2018 October issue of Africa's Pulse {0.4 percentage points lower). Thisslowdown was more pronounced in the first half of 2018 and it reflected weaker exports among the region'slarge oil exporters (Nigeria and Angola) due to dwindling oil production amid higher but volatile internationalprices for crude petroleum. A deeper contraction in Sudanese economic activity and a broad-based growthslowdown 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 offragility. Regional and sub-regional economic organizations are promoting economic cooperation andaddressing 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 forinclusive growth, innovation, job creation, service delivery and poverty reduction in Africa. The continent hasmade. 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 indeveloping digital infrastructure, services, skills, and entrepreneurship.
Book Synopsis Leapfrogging Africa by : Reiner Klingholz
Download or read book Leapfrogging Africa written by Reiner Klingholz and published by African Sun Media. This book was released on 2020-10-15 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Africa's Pulse, No. 18, October 2018 by : Cesar Calderon
Download or read book Africa's Pulse, No. 18, October 2018 written by Cesar Calderon and published by World Bank Publications. This book was released on 2018-10-03 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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."
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 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 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. 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. 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 Accelerating Poverty Reduction in Africa by : Kathleen Beegle
Download or read book Accelerating Poverty Reduction in Africa written by Kathleen Beegle and published by World Bank Publications. This book was released on 2019-10-09 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis COVID-19 and Sovereign Debt: The case of SADC by : Daniel D. Bradlow
Download or read book COVID-19 and Sovereign Debt: The case of SADC written by Daniel D. Bradlow and published by Pretoria University Law Press. This book was released on 2022-02-23 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Reporting on migrants and refugees by : UNESCO
Download or read book Reporting on migrants and refugees written by UNESCO and published by UNESCO Publishing. This book was released on 2021-06-19 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Resurgent Africa by : Banji Oyelaran-Oyeyinka
Download or read book Resurgent Africa written by Banji Oyelaran-Oyeyinka and published by Anthem Press. This book was released on 2020-03-31 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Resurgent Africa: Structural Transformation in Sustainable Development’ is a study of structural change dynamics in Africa and its effect on job creation, living standards and the efficiency of productive cities through manufacturing productivity growth that benefit the majority. Empirical data from selected African countries, including Nigeria, Ghana, South Africa, Kenya, Rwanda and Ethiopia, provides in-depth analysis and knowledge of the continent’s diversified economies by establishing relationships between industrialization trends; rates of urbanization; and urban living standards, income growth and employment in Africa. The findings reveal unconventional pathways of structural change, patterns of jobless growth suggesting economic growth that does not necessarily lead to employment, dominance of services at the expense of manufacturing industry explaining the regress in Africa’s industrial sector and occurrence of structural transformation without improvement in labour productivity. These are important concerns for Africa’s long-term development leading to the conclusion that sustainable urbanization and industrialization are not only closely connected but also key drivers of economic change. The book includes recommendations for policymakers to adopt a new approach to development for a resurgent Africa.
Book Synopsis African Economic Development by : Emmanuel Nnadozie
Download or read book African Economic Development written by Emmanuel Nnadozie and published by Emerald Group Publishing. This book was released on 2019-05-08 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a sweeping survey of African economies, leading scholars offer the latest research into the biggest current influences on African growth and development, taking account of relevant institutional contexts as well as significant or unique problems that have slowed Africa’s progress.
Book Synopsis The Wayfarer by : Barnabé Anzuruni Msabah
Download or read book The Wayfarer written by Barnabé Anzuruni Msabah and published by HippoBooks. This book was released on 2021-08-02 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scripture testifies to God’s care for displaced peoples. From Genesis to Revelation, the Bible is a narrative filled with migrants, with refugees, and with wayfarers. Even God himself is shown to be “on the move” – a God who does not stay on one side of the border but crosses over to save his people. In The Wayfarer, Dr. Barnabé Anzuruni Msabah engages the global refugee crisis from an interdisciplinary perspective that encompasses both development studies and theological reflection. Using specific examples from Central, Eastern, and Southern Africa, Msabah provides an overview of the sociopolitical, economic, and environmental dynamics of forced migration, while simultaneously exploring theological and cultural frameworks for understanding transformational community development. He examines both the church’s calling to provide sanctuary for displaced peoples and the role of refugees in contributing to the socioeconomic welfare of their host countries. While the church’s mandate is to act with justice and mercy towards the world’s most vulnerable populations, Msabah also reminds us that refugees are not passive recipients but powerful examples of courage, resilience, and hope who can, in their turn, transform our nations and our faith communities for the better.
