La pandémie mondiale a exercé une pression intense sur les économies de toute l'Afrique subsaharienne. De nombreux gouvernements luttent pour maintenir la stabilité macroéconomique tout en répondant aux besoins fondamentaux de leurs populations. Papa N'Diaye dirige les perspectives économiques du FMI pour la région. Dans ce podcast, il dit que l'économie de l'Afrique subsaharienne connaîtra sa pire contraction jamais enregistrée cette année, ramenant le PIB par habitant aux niveaux de 2013.
Papa N’Diaye est chef de la division des études régionales au département Afrique du FMI.
The global pandemic has put intense pressure on economies across sub-Saharan Africa. Many governments are struggling to maintain macroeconomic stability while also meeting the basic needs of their populations. Papa N'Diaye heads the IMF's economic outlook for the region. In this podcast, he says sub-Saharan Africa's economy will see its worst contraction on record this year, bringing real per capita incomes back to 2013 levels.
Papa N’Diaye heads the Regional Studies Division in the IMF’s African Department.
In the early 2000s, Nobel Laureate, Michael Kremer helped develop the design of advance market commitment models (AMCs). They were used to incentivize the private sector to work on issues of relevance for the developing world by pledging that if they developed an appropriate vaccine, funds would be available for those countries to purchase it. The approach resulted in billions of dollars being devoted to pneumococcal vaccines for strains common in developing countries, saving hundreds of thousands of lives. Kremer's latest research focuses on how to expedite the production and distribution of the COVID-19 vaccines immediately following successful medical trials. In this podcast, Kremer says at-risk investment into vaccine manufacturing capacity before clinical approval would advance vaccine distribution by 6 months or more. Transcript
Michael Kremer is Professor in Economics at the University of Chicago, and director of the Development Innovation Lab. He shared the Nobel Memorial Prize in Economics in 2019 for his work on experimental approaches to alleviating global poverty. He was invited by the Institute for Capacity Development to present this latest research to IMF economists.
Check out the University of Chicago's podcast Pandemic Economics
Seven months after the World Health Organization declared a global pandemic, more than 1 million people have died of the disease and trillions of dollars have been spent in an effort to contain its devastating impact on economies across the globe. The latest Fiscal Monitor looks at what governments can do in the different phases of the pandemic to reduce the impact of the recession. Vitor Gaspar heads the semiannual publication. In this podcast, he says the massive fiscal support provided since the start of the crisis has been effective at saving lives and livelihoods and needs to continue.
Vitor Gaspar is the Director of the IMF Fiscal Affairs Department.
Read the blog at blogs.imf.org
While economies across the globe continue to feel the pressures from the pandemic, the latest Global Financial Stability Report shows the extraordinary fiscal and monetary policy measures taken by governments, Central Banks and International Financial Institutions have helped pull the global economy back from the brink. Fabio Natalucci leads the team of IMF economists who produce the report. In this podcast, he says policymakers should continue to carefully sequence their response based on the progression of the disease to maintain the stability of the global economy.
Fabio Natalucci is Deputy Director in the Monetary and Capital Markets Department.
As the pandemic continues to wreak havoc on people and economies across the globe, the IMF and World Bank prepare for their second round of virtual meetings since the start of the crisis. In her customary curtain raiser speech, IMF Managing Director, Kristalina Georgieva says while next week's outlook will show a small upward revision to the 2020 global forecast, countries are facing what she calls "The long ascent"—a difficult climb that will be uneven, uncertain and prone to setbacks.