Gender Poverty and Environmental Indicators on African Countries - 2015

Entrenched values, norms, and organizational arrangements hamper policy change at the individual, organizational, and institutional levels. Equally, political and geopolitical dynamics constrain policy choices. Most countries, including those in Africa, still focus their policies and regulatory institutions on ensuring the supply of energy, rather than managing demand and the sustainability of supplies. Imposing pollution taxes in economies where this is not considered to be a problem will generate resistance from decision-makers and the public alike. Factional economic interests can hinder...

Tanzania - National Food Balance Sheets Report 2014 – 2017

Food Balance Sheets (FBS) can be defined as an aggregated and analytical data set that presents a comprehensive picture of the pattern of a country’s food supply and utilisation during a specified reference period. The statistics on FBS are very important. In fact, they help to understand the situation of supply and use of each product within a given country, track progress against established development goals and inform decision makers. One of the major outputs of FBS statistics is the estimation of Dietary Energy Supply (DES), measured by the number of kilocalories per person per day. The...

Working Paper 324 - Public Investment, Time-to-Build, and Fiscal Stimulus

We study the macroeconomic impacts of public investment surges and fiscal policy adjustments to debt-financed public investment using a neoclassical growth model. We focus on two important issues that are pervasive in publicly financed investment projects in low-income countries: gestation delays and public investment inefficiencies. The model is estimated for a typical low-income country. Three central messages emerge. First, assumptions about which fiscal instruments may adjust to stabilize debt are crucial for the ultimate impacts of changes in fiscal policy. Covering the cost of the...

Working Paper 323 - Mobile Financial and Banking Services Development in Africa

Using a new database for mobile financial & banking services across countries, we analyze pro-poor and inclusive growth in developing countries and show the importance of mobile financial & banking development. This paper uses several econometric techniques to investigate mobile finance & banking benchmarking, determinants, and real impacts on inclusive growth in developing countries in Africa. The statistical benchmarking analysis reveals that there is a positive link between mobile banking development and economic development. Estimation of our model, using different...

Working Paper 322 - Managing Natural Resource Revenue in Ghana

It is well recognized that infrastructure investment is vital for growth. However, its financial implications could be huge, which could not be met by traditional sources of financing only. Using a general equilibrium model applied to Ghana, this paper combines four fiscal rules for managing oil revenue for public investment spending: i) the government combines both oil proceeds and borrowing (baseline experiment); ii) the government saves all oil proceeds and resort to borrowing (Bird-in-Hand experiment); iii) the government invests all oil proceeds and does not borrow (Hand-to-Mouth...

Working Paper 321 - Determinants of Antenatal Care Utilization in Nigeria

The study examines the determinants of antenatal care Utilization in Nigeria. Determinants of antenatal care utilization were categorized into economic and non-economic determinants. Estimates of the determinants of antenatal care utilization were derived from two-part model analysis using five rounds of Nigerian Demographic and Health Survey (NDHS) from 1990 to 2013. Previous studies have used one or two rounds of surveys to estimate the determinants of antenatal care utilization using logit or count data (poison, negative binomial) model. However, health care utilization consist of two...

Working Paper 320 - Hands Off Oil Revenues?Public Investment and Cash Transfers

Many resource-rich countries fare little better than their resource-poor counterparts because windfall income is often associated with misuses. We develop a small open-economy DSGE model to explore the policy response to oil windfall in Kenya, focusing on a scenario of transferring the resource revenues entirely to households versus two alternative fiscal rules: all-investing and sustainable investing. Our results show that transfers to households are welfare-improving while containing the pressure on public investment efficiency. However, the overall impact on the economy is negligible. The...

Working Paper 316 - Resilience to Diverse Shocks and Stressors in Niger and Ethiopia

The concept of development resilience has become increasingly popular in recent years, in both research and policy circles. The primary regions of focus for resilience analysis and programming are those with both chronic and cyclical problems with food insecurity, that are susceptible to climate volatility (most commonly drought) as well as other shocks and stressors. This research focuses in on two countries that epitomize these concerns–Niger and Ethiopia – and examines the influence of climate and other shocks on indicators on wellbeing through a resilience lens. In particular, we explore...

Working Paper 315 - Temperature and Children’s Nutrition: Evidence from West Africa

Wasting and stunting rates have been falling in sub-Saharan Africa since 2000 due to concerted efforts to improve children’s nutrition. However, this progress is at risk of faltering due to rising temperatures across the continent. High temperatures can affect children’s nutrition through heat stress, decreased agricultural production, and increased disease. In this paper, we test the hypothesis that temperatures above 30oC negatively affect children’s nutritional status as measured by standardized anthropometric measures. To do so, we merge anthropometric data from the publicly available...

Working Paper 318 - A DGE Model for Growth and Development Planning: Malawi

It was Margaret Thatcher who said, “plan your work for today and every day, then work your plan". Yet many national development plans in Africa have failed because they were either not well planned or the plans were not well worked out. We present a fully specified medium-scale dynamic general equilibrium model that can be used as the macroeconomic framework for development planning. Structural peculiarities of low-income developing economies are emphasized, including limited access to credit markets by households, a prominent natural resource sector, limited labour and capital mobility,...

Working Paper 319 - Performance de la microfinance en Afrique de l'Ouest

Le présent document analyse le lien entre la pérennité financière, l’étendue et la profondeur de la portée sociale d’institutions de microfinance appartenant à l’Union économique et monétaire ouest africaine (UEMOA). L’analyse est effectuée sur des données de panel de la période 2000 à 2014 à l’aide d’un modèle à équations simultanées dynamiques. Des résultats obtenus, il ressort une relation positive entre la pérennité financière et la profondeur de la portée sociale lorsque toutes les variables qui généralement influencent la pérennité financière sont incluses. D’autre part, relativement...

Food Balance Sheets - Kenya - 2014-2018 Results

The FBS is a national accounting/statistical framework, presenting a comprehensive picture of the pattern of a country’s food supply during a specified reference period. It is useful in tracking progress against some of the established development goals, such the Sustainable Development Goals (SDGs). It also acts as a monitoring and evaluation tool for national agricultural policies. One of the main applications of FBS is to calculate derived indicators which can be used to analyse a wide range of concepts, including hunger, malnutrition, import dependence and food self-sufficiency. Among the...

SADC Harmonised Consumer Price Indices (HCPI) - May 2019

The SADC Region registered annual inflation rate of 8.2% in May 2019 compared to May 2018 as measured by the HCPI. Month on Month inflation rate registered an increase of 0.6% in May 2019 compared to April 2019.

Harmonized Consumer Price Index (HCPI) COMESA - May 2019

The year on year, inflation rate (annual percentage change) in the COMESA region as measured by the Harmonized Consumer Price Index (HCPI-COMESA) stood at 21.1% for the month of May 2019, up from 20.2% registered in April 2019. A year earlier, the rate was 19. 8%. The month on month inflation rate in the COMESA region as measured by HCPI-COMESA stood at 2. 4% for the month of May 2019, up from 1.8% registered in April 2019. It was 1.6% in May 2018.

Financement de la lutte contre le Changement Climatique - 2019


Somalia - Consumer Price Index - February 2019

The All Groups CPI was 110.75 in the month of February 2019, compared with 109.62 in the month of January 2019. The monthly change, February 2019 compared to January 2019, was an increase of 1.03 percent (1.03 index points). This is compared to a monthly decrease of -1.39 percent in the previous month of January 2019. The most significant monthly price increases were Health group (+15.33percent). This was mainly due to increases in medical services of the out-patient services consultation.

HCPI – COMESA Monthly News Release - April 2019

COMESA region annual inflation rate stood at 20.2% in April 2019. The year on year, inflation rate (annual percentage change) in the COMESA region as measured by the Harmonized Consumer Price Index (HCPI-COMESA) stood at 20.2% for the month of April 2019, marginally up from 20.7% registered in March 2019. A year earlier, the rate was 19. 6%. The month on month inflation rate in the COMESA region as measured by HCPI-COMESA stood at 1. 8% for the month of April 2019, up from 1.4% registered in March 2019. It was 2.2% in March 2018.

SADC Harmonised Consumer Price Indices (HCPI) - April 2019

The SADC Region registered annual inflation rate of 7.9% in April 2019 compared to April 2018 as measured by the HCPI. Month on Month inflation rate registered an increase of 0.6% in April 2019 compared to March 2019.

Somaliland - Monthly Consumer Price Index - February 2019

This publication provides monthly Consumer Price Indices of Somaliland composite which is based on two main market baskets of Hargeisa urban households and Hargeisa was further sampled into 124 outlets. However, the current Consumer Price Index was constructed the results of the 2012 Somaliland Household budget survey (SHS). During the exercise, markets were incorporated into the Index. Only the household final consumption expenditure data for the Hargeisa domain were analyzed and used to compute the Somaliland CPI weights. The CPI is now classified as an international standard, referring to...

Promouvoir une meilleure gestion des ressources naturelles et intégration du changement climatique pour un développement durable en Afrique

Le FEM est un fonds fiduciaire multilatéral créé la veille du Sommet de Rio en 1992 afin de financer des actions pour la préservation de l'environnement. Le FEM réunit 183 gouvernements membres en partenariat avec des institutions internationales, des organisations non gouvernementales et le secteur privé et soutient les pays en développement à s’acquitter des obligations qui leur incombent en vertu de divers accords multilatéraux sur l’environnement. Le FEM administre plusieurs fonds, principalement le Fonds fiduciaire du FEM, le Fonds pour les pays les moins avances (FPMA) et le Fonds...