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.
Edited by Rabah Arezki, Simeon Djankov and Ugo Panizza.
Download available from CEPR / VoxEU
Shaping Africa’s Post-Covid Recovery
Contents
Foreword
Introduction
Rabah Arezki, Simeon Djankov and Ugo Panizza
Business and household responses
Firms through the Covid-19 pandemic: Evidence from sub-Saharan Africa
Elwyn Davies, Gaurav Nayyar, Santiago Reyes, and Jesica Torres
Firms in financial distress, with an application to Africa
Simeon Djankov and Jeremy Evans
Sectoral heterogeneity in the Covid-19 recovery: Evidence from Rwanda
Kieran Byrne, Saahil Karpe, Florence Kondylis, Megan Lang and John Loeser
FDI in the recovery phase
Arslan Chaudhary, Amelia Santos-Paulino, and Claudia Trentini
African state-owned enterprises: How to support the development agenda
Vitor Gaspar, Paulo Medas, and John Ralyea
The state of tourism in Africa during Covid-19 and beyond: Evidence from big data 85
Rabah Arezki, Alice Froidevaux, Thanh-Long Huynh, Ha Minh Nguyen and Nicolas Salez
The evolving socioeconomic impacts of Covid-19 in four African countries
Ann Furbush, Anna Josephson, Talip Kilic and Jeffrey D. Michler
Food security in sub-Saharan Africa in the times of Covid-19
Guigonan Serge Adjognon, Dahyeon Jeong and Arianna Legovini
International financing
Rethinking development banking in the era of Covid-19
Rabah Arezki
Has the World Bank’s Covid crisis lending been big enough, fast enough? Evidence on loan disbursements
Julian Duggan, Scott Morris, Justin Sandefur, and George Yang
Chinese lending to Africa in the pandemic era
Deborah Brautigam and Kevin Acker
Debt risks in sub-Saharan Africa and beyond
Patrick Bolton, Mitu Gulati, and Ugo Panizza
Economics of Covid-19 in three sub‑Saharan African countries: Ethiopia, Namibia and South Africa
Patricio Goldstein and Ricardo Hausmann
How did Egypt soften the impact of Covid-19?
Jamal Ibrahim Haidar
