Event
5 November 2021, 2:00 pm
Journal Article
22 June 2021
Anyanwu, John C, Salami, Adeleke O
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Over the last 14 months, Africa and the entire world experienced the worst Socioeconomic challenges of alarming proportion. Specifically, on 30 December 2019, an epidemiological alert was issued by the Chinese Wuhan local health authority of the emergence of a new strand of the coronavirus—severe acute respiratory syndrome coronavirus 2 (SARSCoV2)—which causes what has come to be known as coronavirus disease 2019 (COVI 19). Africa’s first case of COVID19 was recorded in Egypt on 14 February 2020, followed by Nigeria on 27 February 2020. Early in March 2020, Algeria, Cameroon, Morocco, Senegal, South Africa, Togo and Tunisia reported positive cases. From then, the virus spread to all over Africa as in other parts of the globe
Data and analysis
22 June 2021
Hayakawa, Kazunobu, Kuwamori, Hiroshi
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Coronavirus (COVID-19), first reported in China in December 2019, has spread rapidly around the world. As of April 13, 2021, the cumulative number of infections and deaths due to COVID-19 worldwide was more than 136 million and 2.9 million, respectively.1 To prevent the life-threatening consequences of COVID-19, and the potential for medical systems to be overwhelmed as a result of the pandemic, extremely restrictive measures—such as travel bans, city lockdowns, and closures of offices, factories, stores, schools, and other places—have been implemented in many countries. These measures have been effective in suppressing the spread of COVID-19 to a certain extent; however, they have had a significant negative impact on the economy. The output growth of the world in terms of real gross domestic product was −3.3% in 2020, declining from 2.8% in 2019.2 This figure is greater than...
Journal Article
22 June 2021
Morsy, Hanan, Balma, Lacina, Mukasa, Adamon N
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The paper studies the effects of the coronavirus disease 2019 (COVID-19) pandemic on African economies and household welfare using a top-down sequential macro-micro simulation approach. The pandemic is modeled as a supply shock that disrupts economic activities of African countries and then affects households’ consumption behavior, the level of their welfare, and businesses’ investment decisions. The macroeconomic dynamic general equilibrium model is calibrated to account for informality, a key feature of African economies. We find that COVID-19 could diminish employment in the formal and informal sectors and contract consumption of non-savers and, especially, savers. These contractions would lead to an economic recession in Africa and widen both fiscal and current account deficits. Extreme poverty is expected to increase further in Africa, in particular if the welfare of the...
Journal Article
20 June 2021
Duarte, Ana, Walker, Simon, Metry, Andrew, Wong, Ruth, Panovska-Griffiths, Jasmina, Sculpher, Mark
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COVID-19 in the UK has had a profound impact on population health and other socially important outcomes, including on education and the economy. Although a range of evidence has guided policy, epidemiological models have been central. It is less clear whether models to support decision making have sought to integrate COVID-19 epidemiology with a consideration of broader health, wellbeing and economic implications. We report on a rapid review of studies seeking to integrate epidemiological and economic modelling to assess the impacts of alternative policies. Overall, our results suggest that few studies have explored broader impacts of different COVID-19 policies in the UK. Three studies looked only at health, capturing impacts on individuals with and without COVID-19, with various methods used to model the latter. Four models considered health and wider impacts on individuals’...
Journal Article
18 June 2021
Inegbedion, Henry
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The study examined the impact of COVID-19 on economic growth in Nigeria: Opinions and attitudes. The purpose was to ascertain respondents’ perception of the effect of the COVID-19 pandemic on economic growth in Nigeria. The cross-sectional survey research design was employed and a mix-method was used in collecting the research data. Content validity index and face validity served to validate the research instrument while Cronbach alpha was used to assure its reliability. The secondary data were analysed using percentage changes while the primary data were analysed using a one-sample t-test and least-squares method. Results of the respondents’ opinion indicated that the COVID-19-induced lockdown has significantly constrained economic activities and the circular flow of income. Lastly, the perceived reduction in the circular flow of income in the wake of the COVID-19 lockdown has...
Journal Article
14 June 2021
Braam, Dorien H, Srinivasan, Sharath, Church, Luke, Sheikh, Zakaria, Jephcott, Freya L, Bukachi, Salome
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Authorities in Somalia responded with drastic measures after the first confirmed COVID-19 case in mid-March 2020, closing borders, schools, limiting travel and prohibiting most group functions. However, the impact of the pandemic in Somalia thereafter remained unclear. This study employs a novel remote qualitative research method in a conflict-affected setting to look at how some of the most at-risk internally displaced and host populations were impacted by COVID-19, what determined their responses, and how this affected their health and socio-economic vulnerability. We conducted a remote qualitative study, using Katikati, a 1-to-1 conversation management and analysis platform using short message service (SMS) developed by Lark Systems with Africa’s Voices Foundation (AVF), for semi-structured interviews over three months with participants in Mogadishu and Baidoa. We recruited a...
Journal Article
4 June 2021
Kumar, Saket,Viral, Rajkumar,Deep, Vikas,Sharma, Purushottam,Kumar, Manoj,Mahmud, Mufti,Stephan, Thompson
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The pandemic caused by the coronavirus disease 2019 (COVID-19) has produced a global health calamity that has a profound impact on the way of perceiving the world and everyday lives. This has appeared as the greatest threat of the time for the entire world in terms of its impact on human mortality rate and many other societal fronts or driving forces whose estimations are yet to be known. Therefore, this study focuses on the most crucial sectors that are severely impacted due to the COVID-19 pandemic, in particular reference to India. Considered based on their direct link to a country’s overall economy, these sectors include economic and financial, educational, healthcare, industrial, power and energy, oil market, employment, and environment. Based on available data about the pandemic and the above-mentioned sectors, as well as forecasted data about COVID-19 spreading, four...
Journal Article
3 June 2021
Korneta, Piotr, Rostek, Katarzyna
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The rapid, unexpected, and large-scale expansion of the SARS-CoV-19 pandemic has led to a global health and economy crisis. However, although the crisis itself is a worldwide phenomenon, there have been considerable differences between respective countries in terms of SARS-CoV-19 morbidities and fatalities as well as the GDP impact. The object of this paper was to study the influence of the SARS-CoV-19 pandemic on global gross domestic product. We analyzed data relating to 176 countries in the 11-month period from February 2020 to December 2020. We employed SARS-CoV-19 morbidity and fatality rates reported by different countries as proxies for the development of the pandemic. The analysis employed in our study was based on moving median and quartiles, Kendall tau-b coefficients, and multi-segment piecewise-linear approximation with Theil-Sen trend lines. In the study, we...
Journal Article
19 May 2021
Loewenson, Rene
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The global political economy is generating new forms and growing shares of informal, insecure, and precarious labor, adding to histories of insecure work and an externalization of social costs. The COVID-19 pandemic has highlighted the consequences of ignoring such signals in terms of the increased risk and vulnerability of insecure labor. This paper explores how such trends are generating intersecting adverse health outcomes for workers, communities, and environments and the implications for breaking siloes and building links between the paradigms, science, practice, and tools for occupational health, public health, and eco-health. Applying the principle of controlling hazards at the source is argued in this context to call for an understanding of the upstream production and socio-political factors that are jointly affecting the nature of work and employment and their impact on...