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We discuss and review literature on the macroeconomic effects of epidemics and pandemics since the late 20th century. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing the economic burden of infectious diseases. Second, we...
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This study addresses the challenges of theorizing the economy of Africa in the context of using macroeconomic models to reshape the future of its non-inclusive growth. It argues that the catastrophic policy summersault of economies that rely on theoretical macro models is traceable to the fact...
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suggests that systemic adjustment uncertainty, and policy conflicts between stabilization and real depreciation objectives, are … among the factors that have contributed most to delaying the private sector`s investment response and preventing a …
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