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Policy Responses to the Economic Crisis in Africa

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  • Augustin Kwasi Fosu
  • Naude, Wim

Abstract

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.

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Bibliographic Info

Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER UNU Policy Brief unupb3-2009.

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Length: 8 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:unu:wpaper:unupb3-2009

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Keywords: financial crisis; developing countries; development finance; financia;

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