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Long-Distance Industrial Policy for Africa

Long-Distance Industrial Policy for Africa
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The advance of the private sector among China's largest companies under Xi Jinping

Widespread narratives for China under Xi Jinping, especially in the past half-decade, emphasise a ‘pivot to the state’ and increasing repression of the private sector, in contrast with previous decades of more dynamic private sector development. But is China's private sector truly being crushed? This column uses company-level data for China’s largest companies, ranked by ....

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Central banks, climate change, and economic efficiency | VOX, CEPR Policy Portal

Market imperfections strongly influence the volume of greenhouse gas emissions, which is a key driver of climate change. While governments should lead climate policies in the first place, a broad coalition of actors across society, including central banks, needs to contribute to transition to a carbon-neutral economy in a timely and orderly fashion. The ECB’s mandate states ....

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What Ails Health Systems in Africa? An Economic Perspective

There is hardly any doubt that failing health systems result in poor health outcomes and hamper progress towards the attainment of the Sustainable Development Goals (SDGs) and Universal Health Coverage (UHC). In Africa, health systems are hobbled by leadership and governance challenges, extreme shortages of health workers, corruption in procurement systems for medical products and technologies, poor information systems, and health financing constraints. This brief discusses ways in which decision-makers can hurdle these challenges.
Attribution: Daniel Mwai & Theresa Ndavi, “What Ails Health Systems in Africa? An Economic Perspective,”
ORF Issue Brief No. 431, December 2020, Observer Research Foundation.
Introduction
Most African countries gained independence between the 1950s and 1960s. In order to build their economies, import substitution policies were encouraged as a conduit for economic growth and industrialisation. Advocates of import substitution argued ....

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