Vijdan Korman's Books

Africa's Pulse, No. 21, Spring 2020

By: Cesar Calderon,Gerard Kambou,Calvin Zebaze Djiofack,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales

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Africa's Pulse, No. 21, Spring 2020

By: Cesar Calderon,Gerard Kambou,Calvin Zebaze Djiofack,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales

The COVID-19 pandemic has taken a toll on human life and brought major disruption to economic activity across the world. Despite a late arrival, the COVID-19 virus has spread rapidly across Sub-Saharan Africa in recent weeks. Economic growth in Sub-Saharan Africa is projected to decline from 2.4 percent in 2019 to -2.1 to -5.1 percent in 2020, the first recession in the region in 25 years. The coronavirus is hitting the region’s three largest economies —Nigeria, South Africa, and Angola— in a context of persistently weak growth and investment. In particular, countries that depend on oil and mining exports would be hit the hardest. The negative impact of the COVID-19 crisis on household welfare would be equally dramatic. African policymakers need to develop a two-pronged strategy of “saving lives and protecting livelihoods.†? This strategy includes relief measures and recovery measures aimed at strengthening health systems, providing income support to workers and liquidity support to viable businesses. However, financing of these policies will be challenging amid deteriorating fiscal positions and heightened public debt vulnerabilities. Therefore, African countries will require financial assistance from their development partners -including COVID-19 related multilateral assistance and a debt service stand still with creditors.

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136

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World Bank Publications

Published Date

ISBN 10

1464815682

ISBN 13

9781464815683

Africa's Pulse, No. 20, October 2019

By: Cesar Calderon,Gerard Kambou,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales

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Africa's Pulse, No. 20, October 2019

By: Cesar Calderon,Gerard Kambou,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales

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.

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108

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World Bank Publications

Published Date

ISBN 10

1464815097

ISBN 13

9781464815096

Africa's Pulse, No. 20, October 2019

By: Cesar Calderon,Gerard Kambou,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales

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Africa's Pulse, No. 20, October 2019

By: Cesar Calderon,Gerard Kambou,Vijdan Korman,Megumi Kubota,Catalina Cantu Canales

Average ratings

N/A

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Solve jigsaw puzzle

Age

Page Count

108

Publisher

World Bank Publications

Published Date

ISBN 10

1464815097

ISBN 13

9781464815096

Book's by Vijdan Korman

Africa's Pulse, No. 21, Spring 2020

Africa's Pulse, No. 21, Spring 2020

Africa's Pulse, No. 20, October 2019

Africa's Pulse, No. 20, October 2019

Africa's Pulse, No. 20, October 2019

Africa's Pulse, No. 20, October 2019

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