African Economic Outlook 2021
Content Type: Report
Description: The 2021 edition of the African Economic Outlook focuses on debt resolution, governance, and growth in Africa. Chapter 1 examines Africa’s growth performance and outlook amid the Covid–19 pandemic. It starts by emphasizing on policy options to mitigate the effects of the pandemic in the short, medium, and long terms. It also explores the causes and consequences of Africa’s debt dynamics by showing how the changing structure and composition of debt create vulnerabilities. The report further takes stock of the challenges in the current global architecture for debt resolution and explores the link between governance and growth with an emphasis on proposed reforms to improve the processes of debt resolution, governance, and sustainable growth.
Pages: 180 pages
Author: African Development Bank Group
Publisher: African Development Bank Group
Agrovocs/Keywords: Debt, Africa, legal reforms, financial innovation, global coordination, International Financial Institutions, macroeconomics, covid-19, policy