Policy Responses to the Global Economic Crisis in Africa

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Overview
  • INSTITUTE:
    UNU-WIDER
    PUBLISHER:
    United Nations University Press
    VOLUME:
    Policy Brief No. 3, 2009
    TITLE:
    Policy Responses to the Global Economic Crisis in Africa
    AUTHORS:
    by Wim Naudé and Augustin Kwasi Fosu
    PUB DATE:
    2009•12•27
    ISSN WEB:
    1814-8026
    ISBN 10:
    978-92-808-3071-2
    COPYRIGHT:
    Licensed under the Creative Commons Deed “Attribution-NonCommercialNoDerivs 2.5”

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    Africa is the developing region most at risk from the global economic crisis. Its recent strong growth has been interrupted. Already home to the largest number of low-income countries in the world, the region is now likely to experience higher unemployment and poverty; increases in infant mortality; and difficulty coping with longer-lasting effects such as higher school drop-out rates, reductions in health care, environmental degradation and a rise in conflict. Africa therefore needs to recover as quickly as possible. In this policy brief we draw on a number of recent UNU-WIDER studies to discuss the policy options for recovery.