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Arezki, Djankov, Panizza



Articles by Arezki, Djankov, Panizza

Shaping Africa’s post-Covid recovery: A new eBook

February 23, 2021

With the exception of some flashpoints in Northern and Southern Africa, the continent has been largely spared from the direct health effect of the Covid-19 pandemic. However, the African economy has been significantly hurt by the economic consequences of Covid-19, which piled on other ongoing calamities such as the locust crisis devasting crops across the continent (Evenett and Baldwin 2021). Economies in the continent are heavily dependent on commodity exports (Arezki and Fan 2020), foreign direct investment, remittances, aid as well as tourism – a sector which has been devastated by the pandemic and is unlikely to recover quickly (Djankov 2020).
Revised growth forecasts by the African Development Bank and the IMF show that Africa is experiencing its first recession in a

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Shaping Africa’s Post-Covid Recovery

February 23, 2021

With the exception of some flashpoints in Northern and Southern Africa, the continent has been largely spared from the direct health effect of Covid-19. However, the African economy has been significantly hurt by the economic consequences. This eBook summarises recent research on the economic effect of the Covid-19 pandemic in the continent covering a wide array of topics focusing on the response of firms, households, governments, and international organisations. 

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Contents
Foreword
IntroductionRabah Arezki, Simeon Djankov and Ugo Panizza
Business and household responses
Firms through the Covid-19 pandemic: Evidence from sub-Saharan AfricaElwyn Davies, Gaurav Nayyar, Santiago Reyes, and

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