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International Monetary Fund. African Dept.

Abstract

The intrinsic links between climate change and the COVID-19 pandemic have elevated global calls for policymakers to take immediate action on both fronts. Fiscal stimulus supporting recovery from the pandemic can be designed to simultaneously address climate change. In turn, this could help reduce the spread of future pandemics as climate change is a threat multiplier for pandemics. Destruction of the environment and biodiversity makes pandemics more likely while pollution and other man-made factors driving climate change weaken the health of human beings, raising their vulnerability to viruses and other diseases.

International Monetary Fund. African Dept.

Abstract

Every second, the region has averaged 106 new internet users.1 This fast-paced digital revolution holds the promise of transforming economies and people’s lives. It takes on added importance as countries across the region grapple with the unprecedented health and socio-economic fallout of the COVID-19 pandemic. All policy levers are being deployed to protect lives and livelihoods. Digital solutions have helped to provide more resilience and allowed for rapid, flexible, and inclusive policy responses to the pandemic.

International Monetary Fund. African Dept.

Abstract

Sub-Saharan Africa is facing an unprecedented health and economic crisis. One that threatens to throw the region off its stride, reversing the encouraging development progress of recent years. Furthermore, by exacting a heavy human toll, upending livelihoods, and damaging business and government balance sheets, the crisis threatens to slow the region’s growth prospects in the years to come. Previous crises tended to affect countries in the region differentially, but no country will be spared this time.

Mr. Enrique A Gelbard, Corinne Deléchat, Ms. Ejona Fuli, Mr. Mumtaz Hussain, Mr. Ulrich Jacoby, Mrs. Dafina Glaser, Mr. Marco Pani, Mr. Gustavo Ramirez, and Rui Xu
Ce document analyse la persistance de la fragilité dans certains pays d'Afrique subsaharienne et la coexistence de multiples dimensions de la faiblesse de l'État. L'étude passe également en revue les caractéristiques de la fragilité, et ses liens avec les conflits et l'action internationale en faveur des états fragiles, avant de dresser un état des lieux de la situation et des domaines dans lesquels la résilience a progressé. Elle s'intéresse également au rôle des politiques et institutions budgétaires, et analyse les phases d'accélération et de ralentissement de la croissance. Une analyse du cas de sept pays précise certain des principaux facteurs en jeu et illustre la diversité des voies suivies, en soulignant l'importance de l'échelonnement des réformes. Enfin, l'étude se termine par une synthèse des principaux résultats et conséquences pratiques.
Ms. Doris C Ross, Victor Duarte Lledo, Mr. Alex Segura-Ubiergo, Mr. Yuan Xiao, Ms. Iyabo Masha, Mr. Alun H. Thomas, and Mr. Keiichiro Inui
The countries in the East African Community (EAC) are among the fastest-growing economies in sub-Saharan Africa. This report highlights Mozambique’s remarkably strong growth over the two decades since the end of the civil war in 1992, as well as the major challenges that remain for the country to rise out of poverty and further its economic development.
Mr. Enrique A Gelbard, Corinne Deléchat, Ms. Ejona Fuli, Mr. Mumtaz Hussain, Mr. Ulrich Jacoby, Mrs. Dafina Glaser, Mr. Marco Pani, Mr. Gustavo Ramirez, and Rui Xu
This paper analyzes the persistence of fragility in some sub-Saharan African states and the multiple dimensions of state weakness that are simultaneously at play. This study also provides an overview of the analytics of fragility, conflict, and international engagement with fragile states before turning to an assessment of the current state of affairs and the areas in which there has been progress in building resilience. The paper also looks at the role of fiscal policies and institutions and analyzes growth accelerations and decelerations. Seven country case studies help identify more concretely some key factors at play, and the diversity of paths followed, with an emphasis on the sequencing of reforms. The paper concludes with a summary of the main findings and policy implications.
Ms. Doris C Ross, Victor Duarte Lledo, Mr. Alex Segura-Ubiergo, Mr. Yuan Xiao, Ms. Iyabo Masha, Mr. Alun H. Thomas, and Mr. Keiichiro Inui
This publication highlights Mozambique’s remarkably strong growth over the two decades since the end of the civil war in 1992, as well as the major challenges that remain for the country to rise out of poverty and further its economic development. Chapters explore such topics as the role of megaprojects and their relationship to jobs and growth; infrastructure and public investment; Mozambique's quest for inclusive growth; developing the agricultural sector; and building a social protection floor.
Ms. Doris C Ross, Victor Duarte Lledo, Mr. Alex Segura-Ubiergo, Mr. Yuan Xiao, Ms. Iyabo Masha, Mr. Alun H. Thomas, and Mr. Keiichiro Inui
La présente publication met en exergue la croissance remarquablement vigoureuse du Mozambique au cours des vingt dernières années depuis la fin de la guerre civile en 1992, ainsi que les obstacles principaux que le pays doit encore surmonter pour sortir de la pauvreté et poursuivre son développement économique. Les chapitres portent entre autres sur les thèmes suivants : le rôle des mégaprojets et leur rapport à l'emploi et la croissance ; l'infrastructure et l'investissement public ; le Mozambique sur la voie de la croissance inclusive ; le développement du secteur agricole ; et l'établissement d'un socle de protection sociale.