Showing 1 - 10 of 162
This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of … disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persistent as non-food non-fuel (NF …/NF) inflation, especially in low-income countries (LICs) in SSA. We find evidence that food inflation became less persistent from …
Persistent link: https://www.econbiz.de/10012962141
Covid-19 and war-induced commodity price fluctuations, and broadening price pressures have led to a surge in inflation … raising concerns of youth unemployment. This paper explores the effects of inflation on private employment growth in SSA using … inflation and job creation in SSA, with job creation being negatively correlated with inflation rate when the latter is above 14 …
Persistent link: https://www.econbiz.de/10014254184
supply chain disruptions for inflation and monetary policy in sub-Saharan Africa. Increases in supply chain pressures have … had a sizeable impact on headline, food, and tradable inflation for a panel of 29 sub-Saharan African countries from 2000 … to 2022. Our findings suggest that central banks can stabilize inflation and output more efficiently by monitoring global …
Persistent link: https://www.econbiz.de/10014256875
The perception that inflation dynamics in Sub-Saharan Africa (SSA) are driven by supply shocks implies a limited role … for monetary policy in influencing inflation in the short run. SSA's rapid growth, its integration with the global economy …, changes in the policy frameworks, among others, in the last decade suggest that the drivers of inflation may have changed. We …
Persistent link: https://www.econbiz.de/10013015595
Policymakers from the sub-Saharan Africa (SSA) region often flag a mispricing of their sovereign debt presumably originating from a perception risk by international investors that lead to "unjustifiably" high borrowing costs. Against this background, this paper explores the extent to which a...
Persistent link: https://www.econbiz.de/10014353726
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic conditions of others. Estimates show that in the...
Persistent link: https://www.econbiz.de/10012864108
Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000-17, as well as other emerging market economies and developing countries, and...
Persistent link: https://www.econbiz.de/10012839680
Digital connectivity, including through the modern cellular network technologies, is expected to play a key role for the Future of Work in sub-Saharan Africa (SSA). We estimate the cost of introducing a full-scale 4G network by 2025 in SSA and an operable 5G network by 2040. We adapt the costing...
Persistent link: https://www.econbiz.de/10012843526
Higher digital connectivity is expected to bring opportunities to leapfrog development in sub-Saharan Africa (SSA). Experience within the region demonstrates that if there is an adequate digital infrastructure and a supportive business environment, new forms of business spring up and create jobs...
Persistent link: https://www.econbiz.de/10012846908
The analysis of China's impacts on the 44 SSA countries reveals that: (i) after joining the WTO in 2001, China has started to impact significantly on SSA growth: one-percent increase in China's GDP per capita leads to 0.02 percent increase on the SSA's GDP per capita; (ii) oil and...
Persistent link: https://www.econbiz.de/10012929920