How special drawing rights could help Africa recover from COVID-19

“The United Nations Conference on Trade and Development estimates that the continent will require $200 billion to address the financial and socioeconomic impacts of the global pandemic. “

via Brookings Institution

Deepening access to capital for Nigerian MSMEs during a pandemic

“While Nigeria has, so far, seemingly been spared the public health onslaught created by COVID-19, the country has not escaped the urgent economic crisis created by the pandemic. Worse, hardest hit have been the micro, small, and medium enterprises (MSMEs), whose operations are largely traditional and dependent on physical contact with their consumers and partners.”

via Brookings Institution

Putting girls at the center of the COVID-19 pandemic response in Africa

“Every day, adolescent girls in sub-Saharan Africa face barriers caused by cultural norms, practices, and biases that limit their access to economic and social opportunities relative to boys, including health care and education services. COVID-19 has exacerbated these challenges, with girls and women disproportionately affected by the economic impacts and disruptions in core services caused by pandemics.”

via Brookings Institution

Africa faces a hard choice on the SDGs under COVID-19

“African countries should consider reducing the Sustainable Development Goals (SDGs) from the current set of 17 to a smaller much more manageable set that fully recognizes this new world, and redirect many of those efforts to fighting the crisis at hand.”

via Brookings Institution

The SDGs are our compass for bolstering Africa’s long-term COVID-19 recovery

“COVID-19 presents us with an opportunity to re-imagine a better future through our response—a fairer and more equal world. The 2030 Agenda for Sustainable Development, which is aligned with the African Union Agenda 2063, remains the best framework for doing just that.”

via Brookings Institution

How have the Washington Consensus reforms affected economic performance in sub-Saharan Africa?

“We find that following initial declines in per capita economic growth over the 1980s and 1990s, the countries that adopted the reforms experienced notable increases in per capita real GDP growth in the post-2000 period.”

via Brookings Institution

Threats to job creation: COVID-19’s Impact on Tourism

“Sub-Saharan Africa’s services-led economic growth has been under increasing strain due to COVID-19. Beyond the threats to health and livelihoods the pandemic has thrown a wrench into some of the most promising sectors for economic growth in the region, including its industries without smokestacks”

via Brookings Institution

From stimulus to debt: The case of South Africa

“The COVID-19 pandemic has seen the widespread use of expansionary fiscal policies which, in terms of scale, is simply unprecedented. Crucially, for many countries in sub-Saharan Africa, these fiscal stimulus packages have deepened their debt challenges.”

via Brookings Institution

Voting in a pandemic: Lessons for elections in Africa in 2021

“African elections held early on in the pandemic have compelled urgent adaptations and innovations to electoral processes and timelines.”

via Brookings Institution

Invisible lives, missing voices: Putting women and girls at the center of post-COVID-19 recovery and reconstruction

“In Africa, women and girls have largely borne the brunt of the pandemic, as the virus has exacerbated already-existing gender inequalities, laying bare serious fault lines in safety, physical and mental health, education, domestic responsibilities, and employment opportunities.”

via Brookings Institution