While the immediate health impact is still evolving, the indirect consequences beyond health already bring a heavy toll. These include food insecurity, lack of medical supplies, loss of income and livelihood, difficulties in applying sanitary and physical distancing measures, a looming debt crisis, as well as related political and security risks. This policy brief takes a snapshot of immediate impacts of the pandemic on health, economies, peace, security, human rights and humanitarian assistance in Africa….
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The COVID-19 pandemic marks a turning point in the 21st century – a shock that is characteristic of a long crisis of globalisation where not only opportunities, but risks proliferate rapidly across borders. The emergency has three levels, each of which is unfolding at its own speed: public health (at least two years), economic (five years or more), polarisation and insecurity (a generation). Download
Some governments have responded to alarms about possible COVID-19-related food shortages much as consumers would: By trying to hoard food. A number of countries have limited exports of key staple food commodities to protect domestic supplies. Timothy Sulser and Shahnila Dunston assess the possible impacts of such export constraints for the two most affected markets, rice and wheat. They conclude that international rice markets are particularly sensitive to such restrictions by large exporters—modeling shows they could…
Throughout the current crisis, the international statistics community has continued to work together, in partnership with national statistical offices and systems around the world to ensure that the best quality data and statistics are available to support decision making during and after the crisis. This report – compiled jointly by 36 international organizations, under the aegis of the Committee for the Coordination of Statistical Activities (CCSA) – gives a small flavor of that cooperation. It provides a snapshot of…
Across Africa, countries have imposed emergency border restrictions to curb the spread of COVID-19. These have delayed a continental free trade agreement, are contributing to fears of a new food crisis, and disrupted cross-border trade. In this post, Antoine Bouët and David Laborde review the border measures and their impacts and provide recommendations on how to make health and trade policies more coherent in a complex environment. Read more
Low and middle-income countries (LMICs) are suffering rapid and substantial economic costs from the spread of COVID-19 and related lockdown measures. James Thurlow describes initial assessments of economy-wide impacts in some African countries and their varied effects on different sectors and types of households. He also highlights challenges for governments in moving from crisis responses to policies for medium- and longer-term economic recovery. These assessments are done by teams of IFPRI researchers and country partners…
This post highlights key considerations for designing COVID-19 policy responses to support those ‘small enough to fail’ – particularly micro, small and medium-sized enterprises (MSMEs) and informal sector workers – and to rebuild economies in ways that reduce their vulnerability in the long run. Read more
This article argues that within already vulnerable displaced communities, women and girls are at even greater risk. Cultural norms, underrepresentation, and a host of other challenges further marginalize them socially, politically, and economically. As a result, forced displacement uniquely and disproportionately affects women and girls, as does this pandemic. The article provides analysis and recommendations for Governments where IDPs, asylum seekers, refugees, and stateless people reside, and for INGOs, national NGOs and donors working with…
Even in normal times, there has been a growing recognition of the threat that illicit financial flows (IFFs) pose to the integrity and stability of the global financial system. But now, with the onslaught of the Covid-19 crisis, concerns are growing that the scale and scope of IFFs could be increasing as authorities are distracted and overwhelmed by the unprecedented economic fallout. Such concerns are especially acute in developing countries, many of which are already…
In this article, the authors argue for a universal ultra basic income (UUBI) as a strategy for development countries to cope with the economic impact of COVID-19. Read more
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