Increasing market acceptance ELTI position paper on the targeted recast of the EU Financial Regulation
On 16 May 2022 the European Commission published a targeted amendment of the EU Financial Regulation, “aiming to strike the right balance by focusing on changes that are really necessary” and included “targeted improvements”, not least on “strengthening the protection of the Union financial interests”.
Decoding the Union budget 2023- 24 : MSME edition
By 2028, it is expected that India’s MSME sector will have contributed US$ 1 trillion to the country’s overall exports, accounting for around 33% of the country’s GDP. There are 7.9 million registered Micro, Small, and Medium Enterprises in India (MSMEs). About 120 million employment across industries and regions are supported by the sector, which amounts for about 33% of the nation’s overall GDP.
AGRICULTURAL VALUE CHAINS AND TRANSFORMATION IN SOUTHERN AFRICA: OPPORTUNITIES STEMMING FROM THE AFRICAN CONTINENTAL FREE TRADE AREA
Agriculture is the backbone of the African economy, and a major source of income in African countries (African Development Bank (AfDB), 2016). Fifty-five per cent of jobs in Africa are in the agricultural sector, which generates more than 70 per cent of the income of those living in poverty. However, outdated agricultural practices, the agricultural sector’s vulnerability to climate change and variability, and the continent’s high levels of subsistence farming continue to undermine agricultural productivity. Boosting productivity, which could help address many of the continent’s socioeconomic challenges, including unemployment, entrenched poverty and food insecurity, was therefore identified as a priority area in Agenda 2063: The Africa We Want, of the African Union.
AfCFTA What you need to know
ECA is pleased to launch this information booklet, titled AfCFTA: What You Need to Know, which asks sometimes highly technical questions about the AfCFTA and attempts to answer them in a language that is accurate but also non-technical and accessible at the same time. The overall objective of this information booklet is to help enhance awareness about the AfCFTA among the business community and the general public.
Volunteer-based solution for the Agenda 2030 for Sustainable Development
This is a policy brief, and hence it represents the synthesis of a reflection. The views and opinions expressed in it are those of the authors and is the product of professional investigation. It is not meant to reflect the official policy, position or opinions of IDEP, neither its Member countries nor its staff members. Any errors are the fault of the authors. Copies of papers can be requested from IDEP Library by writing to: Knowledge Management and Library Division, African Institute of Economic Development and Planning (IDEP), Rue du 18 Juin, Dakar, Senegal. Please request papers by number and title.
Congo Basin Climate Commission
The present study was drafted under the overall leadership of Vera Songwe, Executive Secretary of the Economic Commission for Africa (ECA), in close collaboration with Hanan Morsy, Deputy Executive Secretary and Chief Economist at ECA, and with guidance provided by Jean-Paul Adam, Director of Technology, Climate Change and Natural Resources Management Division at ECA. The formulation of the standardized and harmonized protocol was supervised by Nassim Oulmane, Chief of the Green and Blue Economy Section at ECA, and Louis Mitondo Lubango, Environmental Affairs Officer, Technology, Climate Change and Natural Resources Management Division. Maxim Lobovikov provided detailed input to facilitate the development of the protocol.
Strategies and Initiatives on Digital Financial Inclusion: Lessons from Experiences of APEC Economies
The COVID-19 pandemic has accelerated digital financial inclusion with increased digital financial services. Several studies found evidence that the availability of digital financial services is associated with higher GDP and lower income inequality. The task is to find the right balance between enabling financial innovation and addressing risks such as insufficient consumer protection, low levels of financial and digital literacy, unequal access to digital infrastructure, money laundering and cyber risks.
Scaling Private Sector Climate Finance in the MENA Region
The global effort to fight climate change as well as the need to adapt and build resilience to the changing climate (climate adaptation) pose a set of challenges and opportunities for financial institutions in the MENA region. UNEPFI underwent a consultation process with member banks in the MENA region regarding climate finance in general and opportunities to provide support in scaling private sector finance for climate action in the region.
BCIE: Informe de coyuntura económica enero 2023
El informe mensual de coyuntura económica de enero presenta un análisis ad hoc del desempeño macroeconómico del mundo en general y de Centroamérica en particular, con información disponible al 14 de febrero de 2023. Algunos países reportaron un crecimiento mayor al esperado en el último trimestre de 2022, y existe un mayor optimismo sobre las perspectivas futuras reflejado en una posibilidad menor de recesión económica mundial en 2023.
Emerging and Developing Countries: The Noose is Tightening
The double shock of the health crisis and the war in Ukraine has generated an inflationary spike unprecedented in developed countries since the 1979 oil shock and the Iran-Iraq war. This shock came to interrupt two decades of disinflation imported from China and other emerging and developing countries and more than a decade of ultra-accommodative monetary policies.