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Forever Young: Southern Africa’s Demographic Opportunity There has been an increase in attention on Africa’s changing population. Academics, development organizations and the media (among others,…
Miombo trees in the Reserva Nacional do Gilé, Zambézia Province. Photo by Andrea Borgarello for the World Bank
It has been almost four years since I first became involved with the regional public-private dialogue initiative, the Caribbean Growth Forum (CGF). In June 2012, I walked into the conference room…
Much work remains to be done to ensure reliable electricity access for Africa's citizens. A number of complications are making it difficult to achieve this UN Sustainable Development Goal.…
As a former country manager in Benin, my team and I advised the national administration on the Public-Private Partnerships (PPP) Project Law then under consideration and engaged in PPPs. This…
Understanding Macroeconomic Volatility: Part 5. Read parts 1-4 here
Understanding Macroeconomic Volatility: Part 4. Click to read the rest of the series
Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…
Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government…
Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…