WASHINGTON, April 8, 2019 – The growth story in Sub-Saharan Africa in the past few years has been one of faltering recovery from the worst economic crisis of the past two decades. It aims to strengthen knowledge-based policymaking in African countries to promote economic growth and transformation. The World Bank is a component of the World Bank Group. World Bank (2020-04-12) After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of lackluster performance. Economics (2019)American UniversityWashington, DCContact InfoThe World Bank1818 H Street NWWashington, DC 20413 Email: wkassa1@worldbank.org Google Scholar Profile I finished my PhD in Economics at American University in 2019 and currently work at the World Bank, Washington DC with the Chief Economist Office for Africa on topics including International Trade, Global Value Chains,… As a member of the Bank’s senior management team the person advises the President and Bank’s management on economic issues. Despite a late arrival, the COVID-19 virus has spread rapidly across Sub-Saharan Africa in recent weeks. He holds a Ph.D. in economics from the Massachusetts Institute of Technology. Deadline: 24 February 2019 The World Bank Group (WBG) is currently seeking applications from the eligible applicants for the post of Chief Economist in Washington, DC, United States. The MENA Economic Update is a product of the Chief Economist Office of the Middle East and North Africa Region (MNACE) of the World Bank. During her time in office, she was on public service leave from Yale University. All queries on rights and licenses should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; e-mail: pubrights@worldbank.org. Ernest Stern, economist, 1933-2019. Breakthroughs in developing coronavirus vaccines have made the UK’s economic outlook brighter than the Bank of England forecast earlier this month, according to its chief economist. Dr Rabah Arezki, a citizen of Algeria, is currently the Chief Economist for Middle East and North Africa Region at the World Bank, a role he … Africa Knowledge in Time on COVID-19 Series, Macro Poverty Outlook for Sub-Saharan Africa, Albert G. Zeufack, Chief Economist for Africa, Environmental and Social Policies for Projects, The Skills Balancing Act in Sub-Saharan Africa, Support to the implementation of the Compact with Africa (CWA), The Chief Economists of Government Network, AERC/World Bank Visiting Scholars Program, Afronomics: Coordinating Public Health Responses to COVID-19 feat. His 1982 decision to replace the bank's Chief Economist, Hollis B. Chenery, with Anne Krueger was an example of this new focus. Program. The situation in Brazil is especially worrisome, said IMF Chief Economist Gita Gopinath. The IMF has repeatedly flagged concerns about the pre-pandemic rise in corporate leverage in many emerging markets, where much debt is denominated in dollars. Six months into the covid-19 crisis, S&P had downgraded or cut the outlook on almost 60% of the Latin … Questions and feedback This is particularly so for women. Global economic growth is likely to be only slightly faster this year than the weak performance seen in 2019, according to a World Bank forecast. The Africa CDC has been at the forefront of limiting the health impact of the pandemic, coordinating efforts of member states, sourcing medical equipment globally and locally for countries on the continent, and providing guidelines on how countries can implement social distancing measures among other efforts. Ms Javorcik currently holds a Statutory Professorship in Economics at the University of Oxford, the first woman in this position. All queries on rights and licenses should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; e-mail: pubrights@worldbank.org. Photo: Henry Nicholls/Reuters “The COVID-19 crisis did not start as a financial crisis, but it is morphing into a global one,” according to Carmen Reinhart, chief economist at the World Bank. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. ISBN (electronic): 978-1-4648-1409-9 ... Office of the Chief Economist, EAP region ), Elitza Mileva (Senior Economist, Macroeconomics, Trade and Investment Global Practice), ... reflect the views of the Executive Directors of the World Bank or Chinese the government. This publication provides a glimpse of the World Bank projects in Bangladesh. This report looks beyond the traditional entry points of macroeconomic stability and growth to ask what more can be done to speed up poverty reduction in Sub-Saharan Africa and where policy makers should focus their attention. It is produced by the Office of the Chief Economist for the Africa Region of the World Bank. In addition, Lili Mottaghi and It is produced by the Office of the Chief Economist for the Africa Region of the World Bank. This site uses cookies to optimize functionality and give you the best possible experience. It is produced by the Office of the Chief Economist for the Africa Region of the World Bank. Africa's Pulse is a biannual publication containing an analysis of the near-term macroeconomic outlook for the region. After senior roles in the US Treasury during the Reagan and George HW Bush administrations, Mr Malpass became chief economist at Bear Stearns bank. African policymakers need to develop a two-pronged strategy of “saving lives and protecting livelihoods.” This strategy includes (short-term) relief measures and (medium-term) recovery measures aimed at strengthening health systems, providing income support to workers and liquidity support to viable businesses. Office of the Chief Economist December 2019 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized. Photo: Henry Nicholls/Reuters “The COVID-19 crisis did not start as a financial crisis, but it is morphing into a global one,” according to Carmen Reinhart, chief economist at the World Bank. He joined the World Bank in 1997 as a research economist in the macroeconomics division of the Research Department. Over the space of a week, leaders and experts from all over the world gathered in Washington D.C. to seek solutions for this widespread economic stagnation. TAP brings together an exceptional network of African young professionals, scholars and universities, domestic and regional 'knowledge to policy' think tanks, and a network of over 30 Chief Economic Advisors to Heads of State throughout sub-Saharan Africa. DR. JOHN NKENGASONG, DIRECTOR, AFRICA CDC Africa’s economy is recovering slowly, but problems in the advanced economies and China could create headwinds for the continent in 2019, the World Bank’s chief economist for Africa, Albert Zeufack, says in this interview with Taku Dzimwasha. Heldt, Eugénia C., and Henning Schmidtke. More → More → WSJ Pro Cybersecurity Executive Forum 2020 . This policy agenda requires growth where the poor work and live, and as such, this report centers on what it will take to increase the productivity and earnings of poor and vulnerable people and the financing necessary to make this happen. World Bank's Chief Economist Announces Resignation: Report. Policy makers and private sector partners need to make bold choices and investments today that will allow the next generation of African workers, entrepreneurs, and innovators to thrive. The report examines how the adoption of digital technologies may change the nature of work in sub-Saharan Africa. 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