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Poverty

Infant mortality rates in Africa will increase by 30,000-50,000 - Girls will fare worse

Norbert Schady's picture

The impact of the global financial crisis on infant mortality is a topic of great policy importance. However, estimates of the likely impacts of the crisis, cited by international institutions and in the popular press, differ wildly.

This blogpost summarizes the main conclusions from some of my own recent research on this topic, jointly with various colleagues.

These conclusions include:

African economic policies and the global crisis: Orthodox responses to a heterodox shock?

Shanta Devarajan's picture

When the global economic crisis hit Africa, I worried (along with others) that the continent’s economic reforms would be stalled or reversed.  Political support for these reforms may be undermined as economic growth slowed.  Furthermore, the response of high-income countries in response to the crisis—large fiscal deficits and greater government participation in the banking sector—was in the opposite direction of the reforms that African countries had been pursuing

Education and Finance in Africa

Shanta Devarajan's picture

At a recent conference that brought together African Finance and Education ministers, the keynote speaker, Tharman Shanmugaratnam, finance minister (and former education minister) of Singapore gave a beautiful speech about Singapore's experience that contained some potentially difficult and controversial messages for Africa.

How have policies and institutions in low-income African countries fared?

Shanta Devarajan's picture

Last Friday, the World Bank released its Country Policy and Institutional Assessment (CPIA) of low-income countries.  While the assessments are mainly used to determine the allocation of concessional IDA resources to poor countries, they can also provide a useful picture of the evolution of policies and institutions in Africa, as a r

Pourquoi il faut augmenter l'aide en faveur de l'Afrique

Shanta Devarajan's picture

Dans les pays riches, lorsque le taux de croissance économique diminue de 3 ou 4 points, les individus perdent leur emploi et, probablement, leur maison, mais ils les retrouvent lorsque la reprise économique intervient. Dans les pays pauvres d’Afrique, les enfants sont retirés de l’école — et sont privés de la possibilité de devenir plus tard des adultes productifs. Dans certains cas, les enfants meurent avant d’avoir eu la chance d’aller à l’école. Si l’effondrement actuel de la

Why aid to Africa must increase

Shanta Devarajan's picture

In rich countries, when economic growth declines by three or four percentage points, people lose their jobs and possibly their houses, but they regain them when the economy rebounds. In poor African countries, children get pulled out of school—and miss out on becoming productive adults. In some cases, children die before they have a chance to go to school. If t

Madagascar: From political crisis to economic decline?

Noro Andriamihaja's picture

Following weeks of political turmoil, President Marc Ravalomanana resigned on March 17, 2009. The leader of the opposition, Andry Rajoelina, ex-Mayor of Antananarivo, became “President of the Transition Authority” with the support of the army. The transition – increasingly being referred to as a coup by the inter

Africa: Least integrated but worst hit by the crisis

Shanta Devarajan's picture

Even though it is the least integrated with the global economy, Africa may be the worst hit region by the global economic crisis. Each of the four channels through which the crisis is affecting Africa has a particularly nefarious impact. 

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