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productive sectors of Somalia's economy, generating jobs and incomes, and reducing the country's large structural trade deficits …, which have averaged over 80 percent of GDP since 2015. Somalia supplies a limited number of exports to a relatively small … sectors of the economy and are vulnerable to weather and other shocks. Somalia also exports to a small set of countries: 82 …
Persistent link: https://www.econbiz.de/10012817501
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 … largely driven by consumption and supported by external financial flows. In Somalia's state-building context, enhancing …
Persistent link: https://www.econbiz.de/10012603559
. Focusing on young people is particularly meaningful as Somalia's population is the youngest of the African continent overall …. Against a backdrop of continued conflict, insecurity, and violent extremism facing Somalia, the study offers a positive vision …
Persistent link: https://www.econbiz.de/10012645379
Somalia's economy grew by 2.3 percent in 2017. The economy remains vulnerable to recurrent shocks. Between 2013 and … agricultural output in late 2016 and early 2017. For Somalia to enhance and sustain economic growth and escape chronic poverty, it … essential part of Somalia's economic ecosystem. Almost three-quarters of the population aged 16 and above use mobile money on a …
Persistent link: https://www.econbiz.de/10012645564
To sustain its positive trajectory, Somalia needs to break out of its dual development trap, where inadequate resources … most vulnerable. To break out of this cycle and launch itself on a durable development trajectory, Somalia will need both …
Persistent link: https://www.econbiz.de/10012645585
Somalia is on the path to political and security stabilization after more than two decades of civil war and conflict …. Somalia is urbanizing rapidly due to large-scale forced displacement and economic migration that have driven large numbers of …
Persistent link: https://www.econbiz.de/10012646470
The economy is recovering slowly from drought, but Somalia continues to face significant challenges.The Somali economy … rapidly in 2018, and Somalia's financial sector supervisory capacity continued to strengthen.The current account deficit … momentum would not only undermine medium-term economic growth, but also could delay the normalization of Somalia's relations …
Persistent link: https://www.econbiz.de/10012646476
This report presents the first official debt sustainability analysis undertaken for Somalia. Based on both external and … public debt indicators, Somalia is in debt distress. Total public debt is very high, at dollar 4.8 billion, or 101 percent of … GDP at end-2018-nearly all of which is external (100 percent of GDP). The finding that Somalia is in debt distress …
Persistent link: https://www.econbiz.de/10012646575
countries in Sub Saharan Africa: Nigeria, Somalia, South Sudan, and Sudan. The micro-data surveys represent IDPs, refugees, and …
Persistent link: https://www.econbiz.de/10012646638
countries in Sub Saharan Africa: Nigeria, Somalia, South Sudan, and Sudan. The micro-data surveys represent IDPs, refugees, and …
Persistent link: https://www.econbiz.de/10012646642