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The COVID-19 Pandemic and Structural Transformation in Africa

The COVID-19 Pandemic and Structural Transformation in Africa
Author: Julia Leininger
Publisher:
Total Pages:
Release: 2021
Genre:
ISBN:

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This study analyses how strengths and weaknesses of economic, societal, political and environmental structures played out during the Covid-19 crisis in Africa since March 2020. Its main aim is to improve evidence on the direct and indirect effects of the pandemic on African countries and, based on that evidence, identify policy implications and formulate recommendations. It comprises the analysis of (a) direct impacts of the pandemic as well as of policy responses such as lockdowns and their potential determinants; (b) indirect effects of lockdowns and policy responses to the pandemic on economic, social, political and environmental domains in the light of structural strengths and weaknesses of African countries. In general, the study is based on the assumption that economic and other structures determine the magnitude and direction of the pandemic's impact on the short and long run. Its added value is the thematic comprehensiveness and the comparative analysis of country clusters. Amongst many other findings, the analysis shows the important role of social cohesion for coping with the pandemic and for sustainable development on the longer run. This implies the need for (a) material and immaterial investments in good and trustful relationships within societies and between society and the state; (b) incentives for increasing cooperation of individuals for a common good need to be at the core of future development strategies. It identifies a trias of political priorities, which are all equally important and relate to each other. They contain (a) inclusive and green economic development that must be linked to (b) the establishment and improvement of universal social systems (health, education, social protection in case of poverty, old age and unemployment) as well as (c) a redesign of political institutions that are capable and inclusive to collect revenues and provide public goods. (d) None of these policy priorities will be effective on the long run without saving ecosystems.


Sustainable Development in Post-Pandemic Africa

Sustainable Development in Post-Pandemic Africa
Author: Fred Olayele
Publisher: Taylor & Francis
Total Pages: 198
Release: 2022-10-21
Genre: Political Science
ISBN: 1000755363

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With both domestic and external financing expected to dry up in the wake of the COVID-19 pandemic, this book argues that there is a need for fresh ideas and new strategies for achieving sustainable development in Africa. In addition to triggering the most severe recession in nearly a century, the COVID-19 pandemic has disrupted global value chains, causing unprecedented damage to healthcare systems, economies, and well-being, hitting the world’s most vulnerable people the hardest. Even before the pandemic, Africa was suffering from the effects of low commodity prices, sluggish GDP growth, high debt levels, low levels of domestic savings, and weak private capital inflows. This book argues that now, as the continent emerges from the current crisis, it will be important to reconfigure current financing sources under a forward-looking framework that incorporates other non-traditional financing tools and mechanisms such as public-private partnerships, sovereign wealth funds, gender lens investing, new growth drivers, and emerging and disruptive technologies. Finally, the book concludes by adopting a sectoral approach and examining the real economy impacts of new growth drivers such as agriculture value chains, industrialization, tourism, and the blue economy. Drawing on a range of original research as well as insights from practice, this book will be a useful guide for Global Development and African Studies researchers, as well as for policy makers, investors, finance specialists, and global business practitioners and entrepreneurs.


Socioeconomic Shocks and Africa’s Development Agenda

Socioeconomic Shocks and Africa’s Development Agenda
Author: Evans Osabuohien
Publisher: Taylor & Francis
Total Pages: 333
Release: 2022-11-10
Genre: Business & Economics
ISBN: 1000773698

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This book investigates how African countries respond to socioeconomic shocks, drawing out lessons to help to inform future policy and development efforts. The challenges posed by the COVID-19 pandemic affected all sectors of the economy, exposing substantial structural weaknesses and complexities in supply chains and logistics across the African continent. This book examines the disruptive impact of the pandemic across Africa. However, it also goes beyond the current crisis to investigate how socioeconomic pressures in general impact commodity prices, national budgeting processes, food, business, energy sectors, education, health, and sanitation. Overall, the book presents evidence-based solutions and policy recommendations to enable readers to improve resilience and responses to future crises. The insights provided by this book will be of interest to policymakers and development agencies, as well as to researchers of global development, politics, economics, business, and African studies.


Local economies and pandemics:

Local economies and pandemics:
Author: Marius Venter
Publisher: AOSIS
Total Pages: 288
Release: 2023-12-14
Genre: Business & Economics
ISBN: 1779952988

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The outbreak of the global COVID-19 pandemic has presented unprecedented challenges to both developed and less developed local economies. The aim of the book is to uncover the best practises in responding to a pandemic from global perspectives, as well as from a trans-disciplinary point of view. Scholars from various spheres in arts, culture, education, health, environment, business and the public sector present their perspectives on the impacts, responses and consequences for local economies and communities. As a fundamental part of LED, the arts, culture, education, health, environment, business and the public sector domains were some of the hardest hit by the pandemic. The pandemic has certainly exposed the weaknesses of current development policies and calls for new, innovative measures in developing resilient local regions. This book will form an essential part of the development series of CENLED as it offers insight into how a global pandemic (COVID-19) impacted LED in the global North and Global South and the different responses from different spheres.


World health statistics 2020

World health statistics 2020
Author: World Health Organization
Publisher: World Health Organization
Total Pages: 92
Release: 2020-05-13
Genre: Medical
ISBN: 9240005102

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The World health statistics 2020 report is the annual compilation of health statistics for 194 Member States. It summarizes trends in life expectancy and causes of death and reports on progress towards the health and health-related Sustainable Development Goals (SDGs) and associated targets.


Socioeconomic Shocks and Africa's Development Agenda

Socioeconomic Shocks and Africa's Development Agenda
Author: Evans Osabuohien
Publisher: Routledge
Total Pages: 0
Release: 2022
Genre: Business & Economics
ISBN: 9781003208358

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"This book investigates how African countries respond to socioeconomic shocks, drawing out lessons to help inform future policy and development efforts. The challenges posed by the Covid-19 pandemic affected all sectors of the economy, exposing substantial structural weaknesses and complexities in supply chains and logistics across the African continent. This book investigates the disruptive impact of the pandemic across Africa. However, it also goes beyond the current crisis to investigate how socioeconomic pressures in general impact commodity prices, national budgeting processes, food, business, energy sectors, education, health, and sanitation. Overall, the book presents evidence-based solutions and policy recommendations to enable readers to improve resilience and responses to future crises. The insights provided by this book will be of interest to policy makers and development agencies, as well as to researchers of global development, politics, economics, business, and African studies"--


Global Productivity

Global Productivity
Author: Alistair Dieppe
Publisher: World Bank Publications
Total Pages: 552
Release: 2021-06-09
Genre: Business & Economics
ISBN: 1464816093

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The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD


Industries Without Smokestacks

Industries Without Smokestacks
Author: Richard S. Newfarmer
Publisher: Oxford University Press
Total Pages: 472
Release: 2018
Genre: Business & Economics
ISBN: 0198821883

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A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)


Structural Transformation in South Africa

Structural Transformation in South Africa
Author: Antonio Andreoni
Publisher: Oxford University Press
Total Pages: 411
Release: 2021
Genre: Business & Economics
ISBN: 0192894315

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Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.