ANALYSIS

ANALYSIS

Building Socio-Economic Resilience In Nigeria By Fostering Productive Capacities

In spite of being the economic powerhouse of Africa, Nigeria has pockets of systemic and structural socioeconomic vulnerabilities which require the fostering of economy-wide productive capacities and structural economic transformation, write PAUL AKIWUMI and CHUKWUKA ONYEKWENA . Nigeria is the economic powerhouse of Africa. As the largest economy of the...
ANALYSIS

Fed Rate Hikes May Fuel Greater Joblessness In Rural America

Some employers can attract a large pool of job applicants without having to offer higher wages. We call such employers with significant labor market power dominant, and they’re prevalent in many parts of the United States, especially rural areas, write  ANASTASIA BURYA, RUI C. MANO, YANNICK TIMMER, and ANKE WEBER...
ANALYSIS

How Africa Can Escape Chronic Food Insecurity Amid Climate Change

The toll of extreme weather events on crops underscores the region’s challenges and need for policies to save lives and protect livelihoods, write LAURENT KEMOE, CEDRIC OKOU, PRITHA MITRA and FILIZ UNSAL Climate change is intensifying food insecurity across sub-Saharan Africa, where Russia’s war in Ukraine and the pandemic are...
ANALYSIS

Digitalization As A Driver Of Structural Transformation In African LDCs

Digitalization’s importance for developing countries, including the 33 African least developed countries (LDCs) has become increasingly evident during the COVID-19 pandemic. Despite the growing role of digital technologies since the onset of the pandemic, many African LDCs have not been able to fully benefit from the quick development of the...
ANALYSIS

How To Close Gender Gaps And Grow The Global Economy

Too many women are locked out of economic opportunities, which is not only unfair but also harms growth and resilience for all. We know that in countries with greater gender inequality just closing the gap in women’s labour force participation could increase economic output by an average of 35 per...
ANALYSIS

European Fiscal Governance: A Proposal From The IMF

High debt and rising interest rates put a premium on improved governance to anchor fiscal policy in EU member states. Given the central role of fiscal policy in addressing both recent crises and future challenges, the call to reform fiscal governance in Europe resonates like never before, write  VITOR GASPAR,...
ANALYSIS

Vietnam Bucks Asia’s Weakening Growth Trend

Vietnam’s upbeat growth outlook is bucking the slowing trend elsewhere in Asia, with relatively subdued inflation that’s also an exception to the general rule in the region, write  ERA DABLA-NORRIS, FEDERICO J. DÍEZ and GIACOMO MAGISTRETTI. The first half of this year saw a swift economic rebound as Vietnam’s pandemic...
ANALYSIS

Singapore’s Economy Rebounded On Decisive Policy Action, But Challenges Lie Ahead

Singapore’s impressive recovery from the pandemic is outperforming similar economies, with total output exceeding pre-crisis levels last year, but the rebound has also been uneven, write  KRISHNA SRINIVASAN and LAMIN LEIGH. Decisive policy responses, like the Jobs Support Scheme, helped minimize economic scarring, while rapid vaccinations and long-standing robust economic...
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