Africa’s citizens have so far mostly been spared the direct health consequences of the pandemic, but many of its economies are on life support. Ugo Panizza and Simeon Djankov, two of the editors of a new CEPR ebook about Africa’s recovery, talk to Tim Phillips about post-Covid debt, FDI, food security, and how it’s in all our interests to step up and help.Download hte free eBook, Shaping Africa’s Post-Covid Recovery, here.Read More »
Articles by Djankov, Panizza
At the beginning of the COVID-19 pandemic, it was hoped that warm weather and younger populations would shield many developing countries from the virus. This hope has not been realised. While the pandemic is mostly under control in many advanced economies, some developing countries in Africa and Latin America are registering an increase in the number of cases and may suffer long lasting consequences from the pandemic. This eBook, Co-published with the International Development Policy journal at the Graduate Institute in Geneva, summarises the early work focusing on developing and emerging economies.
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Developing economies after COVID-19: An introductionSimeon Djankov and
The COVID-19 pandemic started in China but soon moved to Europe and to the US, and by the end of March the number of cases in advanced economies had surpassed that in East Asia. At the beginning of the pandemic, it was hoped that warm weather and younger populations would shield many developing countries from the virus. However, this hope has not been in realised. Infected cases in Africa, South Asia and Latin America are still growing, with Latin America having surpassed the number of cases in Europe and still growing rapidly. This is not only due to the fact that many developing and emerging countries are populous. If we focus on cases per inhabitants in countries with a population of at least 5 million, we find that about half of the countries in the list are developing orRead More »