The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
COVID-19 has severely affected Ethiopia, weakening its economic performance. Ethiopia has experienced a collapse in external demand since April 2020 due to COVID-19. While merchandise exports, excluding gold, increased by 5.8 percent overall in FY20, they declined by 4.1 percent during July-December 2020 (year-on-year). Exports of garments, textiles, and fruits …
A diagnostic assessment of Zimbabwe's digital economy has been launched as part of the World Bank Group's Digital Economy for Africa (DE4A) Initiative, which leverages an integrated and foundations- based diagnostic framework to examine the present level of digital economy development across Africa. The assessment maps the current strengths and …
The paper provides evidence on the evolving socioeconomic impacts of the COVID-19 pandemic among households in Ethiopia, Malawi, Nigeria, and Uganda. The data allow estimating the immediate economic impacts of the pandemic, beginning in April 2020, and tracking how the situation evolved through September 2020. Although households have started to …
National development banks (NDBs) have huge potential to support their country’s development strategies and the transition to low-carbon, climate-resilient economies. However, a perception of problematic governance and weak performance means that these banks may be overlooked, both in terms of their potential role in supporting national development, and as partners …
The impacts of COVID-19 threaten to put a hold on progress for the sustainable development agenda and erase gains made thus far in the North and Central Asian subregion. By recognizing that it is not a zero-sum game between enacting COVID-19 recovery measures and achieving the 2030 Agenda, countries can …
This ILO flagship report explores how the contemporary platform economy is transforming the way work is organized, analyzing the impact of digital labour platforms on enterprises, workers and society as a whole. The report offers a comprehensive picture of the experience of workers and businesses on online web-based and location-based …
GEO-6 for Youth is a one-stop-shop for a young person to understand the state of the environment, what they can do every day to drive markets to adopt environmentally sustainable products and services and how to develop their skills and choose environmentally sustainable careers. The report provides background to help …
This edition of UNCTAD's Trade and Environment Review examines the physical impacts of climate change and their effects on developing country economies and trade; the vulnerabilities of developing countries to climate change; costs and finance for climate change adaptation; and finally, ways that developing countries can enhance their trade-climate readiness, …
Tamil Nadu announced its new industrial policy to provide further fillip to the industrial growth in the State by attracting more investments. Tamil Nadu Industrial Policy 2021-2025, which was unveiled by the State Chief Minister aims to achieve four key objectives — to attract investments worth over ₹10-lakh crore ($135 …
Despite the Centre and various state governments announcing several initiatives to attract multinationals looking to shift base outside China post-Covid-19 pandemic, India has been left behind by countries like Vietnam, Taiwan and Thailand, which have emerged as the preferred destinations for most such companies. Taking note of this, a parliamentary …
The world is witnessing dramatic changes in the environment, in technology, in the economy and in society. ‘Business as usual’ is no longer acceptable, and the question is how long can the world continue pursuing consumption and growth predicated on ever-increasing efficiency. The Coronavirus pandemic has amplified concerns about the …
Centre for Budget and Governance Accountability (CBGA) brings out an analysis of the Union Budget soon after its presentation in Parliament every year. The objective of this publication is to facilitate an informed discussion on the Budget focusing both on revenue and expenditure aspects, particularly around the social sectors, agriculture, …
The study evaluates the role of R&D;, human capital, and technology spillovers in influencing India’s long-run productivity growth. The primary contributions of the article are: analyzing the applicability of various endogenous growth models in the Indian context, while only R&D; driven endogenous growth models have been studied so far, highlighting …
Amid extreme uncertainty during the COVID-19 pandemic, economic policymakers have struggled to respond to rapidly changing circumstances with appropriate speed and scale. One policy obstacle is the dearth of real-time indicators of the pandemic’s economic impacts, especially in low and middle income countries (LMICs). Here show that an ‘immobility’ indicator …
The past four years have been chaotic for US agriculture. Trade wars, initiated by the Donald Trump administration in 2017, and the 2020 COVID-19 pandemic have led to volatile domestic and international market conditions and considerable uncertainty about future prices and farm businesses’ financial situations. In response to lower prices …
Understanding how the Papua New Guinea (PNG) agricultural economy and associated household consumption is affected by climate, market and other shocks requires attention to linkages and substitution effects across various products and the markets in which they are traded. In this study, use a multi-market simulation model of the PNG …
The global pandemic has taken a heavy toll on Mozambique’s economy. In 2020, the country experienced its first economic contraction in nearly three decades. COVID-19 (coronavirus) hit the economy as it was attempting to recover from the slowdown triggered by the hidden debt crisis and the tropical cyclones in 2019. …
In recent years, African governments have made significant efforts to develop a range of contributory social protection schemes that cover workers in the informal economy. This report aims to provide an overview of these extension practices in the region through seven country case studies selected to illustrate the range of …
The Economic Survey 2020-21 has predicted a "V-shaped" economic recovery for the nation, spurred by COVID-19 vaccination programme. India had started the world's largest coronavirus inoculation drive on January 16 month with healthcare workers and frontline workers. The government is likely to miss its fiscal deficit target of 3.5 per …
A once-in-a-century crisis—a Great Disruption unleashed by the COVID-19 pandemic—hit the world economy in 2020. The pandemic reached every corner of the world, infecting more than 90 million and, so far, has killed close to 2 million people worldwide. Governments around the world responded rapidly—and boldly—to stem the health and …
