Somalia has a triple challenge of low levels of labor force participation, low productivity, and high levels of poverty. Economic growth in Somalia has been low, subject to shocks; and thus, insufficient for job creation. Shocks to the economy have contributed to forced displacement, a dominance...

Favorable global economic conditions supported a turnaround in economic activity in Sub-Saharan Africa in 2017, easing pressure on weak policy frameworks. Output growth rebounded to an estimated 2.6 percent after decelerating to 1.5 percent in 2016 amid challenging external and domestic...

The rapid technological advancement is now disrupting the global economy and creating new business and development models, offering countries opportunities to leapfrog over traditional paths for economic growth. Over the past years, digital technologies have been spreading throughout the world...

Understanding forced displacement and developing effective solutions requires closing several critical gaps in the data. With forced displacement rising worldwide, the body of work on displacement is growing rapidly. Data on internally displaced persons (IDPs) are particularly problematic, as...

Understanding forced displacement and developing effective solutions requires closing several critical gaps in the data. With forced displacement rising worldwide, the body of work on displacement is growing rapidly. Data on internally displaced persons (IDPs) are particularly problematic, as...

Despite sustained economic growth over the past two decades, Sub-Saharan Africa faces massive challenges and significant gaps in many development outcomes. Although poverty has been declining, a recent report estimates that over two-fifths of the African population was poor in 2012. Nearly...

Somalia has remained on a strong economic reform path despite the various global and exogenous shocks that have continued to buffet the economy. Recurrent climate-related shocks, such as cycles of droughts, floods, locusts' infestation, higher international commodity prices, as well as increased...

Somalia's economy grew by 2.3 percent in 2017. The economy remains vulnerable to recurrent shocks. Between 2013 and 2017, real annual GDP growth averaged 2.5 percent. Growth occurred despite adverse weather conditions that severely reduced agricultural output in late 2016 and early 2017. For...

The arrival of a new government provides an opportunity to reinvigorate the reform agenda to deliver inclusive growth for the Somali people. Since the establishment of the Provisional Constitution in 2012, Somalia has made commendable progress on many fronts. Macroeconomic stability has been...

Somalia is currently experiencing extreme and widespread drought which has been assessed as an unprecedented climatic event not seen in at least 40 years by meteorological agencies and humanitarian partners. After four consecutive seasons of poor rains, 90 percent of the country is experiencing...