Making Electronic Money Safer in the Digital Age
As e-money use grows, regulators need to focus on consumer protection and the integrity of the overall payments system.
Food Inflation in Sub-Saharan Africa
Inflation is rising around the world. In sub-Saharan Africa, one item is driving the trend more than others: food prices. Food accounts for roughly 40 percent of the region’s consumption basket—a measure of goods and services used to measure consumer price index (CPI) inflation.
How Domestic Violence is a Threat to Economic Development
Stopping violence against women is not only a moral imperative, new evidence shows that it can help the economy.
Chart of the WeekIn the Race to Vaccinate Sub-Saharan Africa Continues to Fall Behind
Sub-Saharan Africa is losing the race to vaccinate its population against COVID-19. As of November 15, only about 4 percent of the population in sub-Saharan Africa has been fully vaccinated, up from merely 1 percent three months ago.
Countering Tax Avoidance in Sub-Saharan Africa’s Mining Sector
Sub-Saharan African countries will need to implement targeted policy actions to reduce profit shifting in the mining sector and avoid a substantial loss in tax revenue.
Sub-Saharan Africa: We Need to Act Now
By Kristalina Georgieva and Abebe Aemro Selassie
中文, Español, Français, Português
Sub-Saharan Africa is in the grips of a third wave of COVID-19 infections that threatens to be even more brutal than the two that came before. […]
The Policymaker’s Trilemma
By Abebe Aemro Selassie and Andrew Tiffin
中文, Español, Français, 日本語, Português, Русский
Imagine you’re a policymaker in sub-Saharan Africa. You’ve been charged with lifting your country out of the worst health crisis in living memory, and nobody around you knows when it will end—the second wave that gripped the region earlier in the year has eased, but many countries are nonetheless bracing for further waves as winter approaches. […]
CHART OF THE WEEKBlowing Hot and Cold
By Jiaxiong Yao
When it’s cold we reach for the heater, and when it’s hot we turn on the air conditioning. A warming globe could reduce the need for heating in cold seasons and increase the demand for cooling when it’s hot. […]
Charting a Path for a Resilient Recovery in Sub Saharan Africa
By Kristalina Georgieva and Abebe Aemro Selassie
عربي, 中文, Español, Français, 日本語, Português, Русский
Perhaps first among the many lessons of 2020 is that the notion of so‑called black swan events is not some remote worry. These purportedly once‑in‑a‑generation events are occurring with increasing frequency.
Chart of the WeekTrade as a Tool for an Efficient Recovery
By Jesus Gonzalez-Garcia and Yuanchen Yang
As economies now look for paths to recovery from the COVID-19 crisis, new evidence reaffirms that policies for more open and trade-integrated economies could significantly benefit domestic competition and ultimately may help lower costs for consumers in emerging and developing economies. […]