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Burundi is a fragile state with a history of political tensions and weak institutions. Before the Covid-19 pandemic, Burundi was recovering from an economic recession triggered by the 2015 political crisis stemming from the late President Nkurunziza's decision to run for a third term. Real GDP...
Persistent link: https://www.econbiz.de/10012697109
Comoros is a small, fragile island state (population: 850,000) with persistently low and shock-prone growth. The last Article IV Consultation (completed in early 2020) assessed Comoros' fragility as arising from two vicious circles: economic fragility manifests in low fiscal revenue,...
Persistent link: https://www.econbiz.de/10012697162
The COVID-19 pandemic interrupted a decade of high growth and development progress in Senegal. While a recession was avoided in 2020, the pandemic caused severe hardship and most households experienced income and job losses. A dynamic recovery is underway since mid-2020, supported by...
Persistent link: https://www.econbiz.de/10013169127
Malawi, a fragile state with one of the highest incidences of poverty, food insecurity and frequent weather-related shocks, has been severely affected by the pandemic. There are signs of gradual recovery and daily COVID-19 positive cases remain relatively low: real GDP growth in 2021 is...
Persistent link: https://www.econbiz.de/10013169568
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Recent development cooperation with Guinea-Bissau, focusing on good governance, statebuilding and conflict prevention, did not contribute to democratization nor to the stabilization of volatile political, military and economic structures. The portrayal of Guinea- Bissau as a failed...
Persistent link: https://www.econbiz.de/10011334813
nationalism in Africa and elsewhere shows remarkable differences both in its roots and its impact, compared with that of the …About fifty years after the independence of most former colonies on the African continent, books on African nationalism …
Persistent link: https://www.econbiz.de/10011334818
The authorities have reacted to the COVID-19 crisis in an appropriate manner, including through increased spending on health and a rollout of the vaccination program. Nevertheless, the deterioration of socio-economic indicators during the pandemic could create scars that would significantly...
Persistent link: https://www.econbiz.de/10013168777
Cameroon, the largest economy in the Central African Economic and Monetary Union (CEMAC), continues to face the repercussions of the COVID-19 pandemic. In July 2021, the IMF's Executive Board approved three-year arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility...
Persistent link: https://www.econbiz.de/10013168819