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Mauritania: Conclusion and Recommendations
This report provides conclusions and policy recommendations for Mauritania's economic development, highlighting that while macroeconomic indicators are trending upwards, growth remains heavily dependent on the extractive sector and is hindered by poor infrastructure, governance issues, and climate risks. The author argues for a holistic development strategy focusing on climate resilience, governance, human capital, and economic diversification to achieve sustainable and inclusive growth.
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Document type: Report
Challenges to debt sustainability and financial market development posed by COVID-19 and the war in Ukraine
This report by FSD Africa analyzes the impact of the COVID-19 pandemic and the war in Ukraine on debt sustainability and financial market development in Ethiopia, Ghana, Kenya, Nigeria, and South Africa. It highlights a high risk of external debt distress for several of these nations and examines the trade-offs between short-term counter-cyclical fiscal measures and long-term financial market stability.
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Document type: Report
The Macroeconomic Policy Response to COVID-19 in Benin
This policy brief analyzes the macroeconomic response of the government of Benin and the Central Bank of West African States (BCEAO) to the COVID-19 pandemic, focusing on the use of expansionary monetary and fiscal policies to mitigate economic decline and ensure food security.
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Document type: Policy brief
Indonesia’s Energy Policy Briefing
This policy briefing by the International Institute for Sustainable Development (IISD) examines energy policy developments in Indonesia as of February 2021, focusing on the impact of the COVID-19 pandemic on macroeconomic indicators, fuel subsidies, the coal sector, and renewable energy progress.
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Document type: Briefing
The Dark Side of Foreign Direct Investment: A South African Perspective
This research paper examines the impact of foreign direct investment (FDI) and net investment income on South Africa's current account deficit. It argues that while FDI is beneficial for growth, the trend of transnational companies prioritizing short-term shareholder value over long-term reinvestment creates economic vulnerabilities, particularly during downturns. The author recommends policy shifts to attract FDI that is labour-absorbing, export-oriented, and focused on reinvesting profits within the domestic economy.
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Document type: Research paper
ZAMBIA DEBT PROFILE
The 2024 Zambia Debt Profile by AFRODAD analyzes the drivers and consequences of Zambia's unsustainable national debt, which reached $25.5 billion by the end of 2023. The report details how excessive borrowing for unproductive infrastructure, combined with a high reliance on volatile copper exports and significant tax evasion, led to a sovereign default in November 2020. It highlights the severe impact of debt servicing on social sectors, specifically the crowding out of health and education budgets, and evaluates the challenges of restructuring under the G20 Common Framework.
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Document type: Report
Uganda and COVID-19: Macroeconomic Policy Responses to the Pandemic
This briefing analyzes the macroeconomic policy responses of the Ugandan government to the COVID-19 pandemic, evaluating the impact of expansionary fiscal and monetary measures on the real, monetary, external, and fiscal sectors, as well as on poverty levels.
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Document type: Briefing
compra-08-ndiaye-c2cb60606698840c.pdf
This research paper analyzes the macroeconomic impact of the COVID-19 pandemic on Senegal and evaluates the fiscal and monetary policy responses implemented to mitigate economic decline. It provides a historical overview of Senegal's economic crises and structural adjustments from the 1970s through 2019 to establish a baseline for the pandemic's effects.
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Document type: Research paper
Recovering from COVID: Building Resilience in Select African Economies
This report synthesises case studies from six sub-Saharan African countries to analyse government macroeconomic policy responses to the trade and employment shocks caused by the COVID-19 pandemic. It evaluates these responses against long-term goals of social inclusivity and climate resilience, while proposing strategies for recovery and debt management between 2021 and 2026.
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Document type: Report
Macroeconomic Policy Development in Tanzania
This policy briefing, produced as part of the COVID-19 Macroeconomic Policy Response in Africa (CoMPRA) project, analyzes Tanzania's macroeconomic policy development and its response to the COVID-19 pandemic. It details the fiscal and monetary measures implemented by the government and the Bank of Tanzania (BoT) to avoid recession, the economic impacts of the pandemic on GDP and trade, and provides recommendations for future financial stability, social protection, and climate resilience.
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Document type: Briefing
Macroeconomic Resilience: The Cases of Senegal and Mali
This policy brief compares the macroeconomic resilience of Senegal and Mali between 2000 and 2022, analyzing their responses to various domestic and global shocks. It finds that while both countries utilized fiscal and monetary measures to mitigate impacts, Mali experienced more frequent internal shocks due to security and climatic vulnerabilities. The authors propose a transition toward counter-cyclical policies and structural reforms in trade, industry, human capital, and governance to build long-term resilience.
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Document type: Policy brief
Macroeconomic Impacts of Long-Term Decarbonization in India: Implications for a Just Transition
This briefing analyzes the potential macroeconomic effects of India's transition to a low-carbon economy aligned with its 2070 net-zero emissions target, utilizing the India Energy Policy Simulator to assess impacts on growth, employment, and tax revenues.
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Document type: Briefing