Viewpoint

It’s no longer debatable,” scholars Hal Brands and John Lewis Gaddis wrote in Foreign Affairs in October 2021, “that the US and China . . ....

Jobs in the circular economy can contribute to both environmental goals and youth employment, but attention must be given to worker welfare and equitable distribution of opportunities. Collaboration and evidence-based approaches are crucial for a sustainable and inclusive circular economy.

Ethiopia's battle with inflation has strained the livelihoods of its people, prompting the National Bank of Ethiopia to take action. While these policy measures aim to curb inflation, they may inadvertently burden new banks entering the market. Balancing the need for stability and fostering a conducive environment for new entrants requires careful consideration and tailored approaches.

Facing unprecedented climate challenges, Africa must prioritize resilience and renewable energy at the African Climate Summit, emphasizing climate justice and accountability. The continent's commitment to climate justice, protecting the vulnerable, and holding developed nations accountable are vital for a sustainable future.

The COVID-19 pandemic impacted women entrepreneurs in Africa who comprise 90% of the informal sector. Governments must implement programs to address skills gaps, financing, and market access challenges facing these women-led businesses to support an inclusive economic recovery.

East Africa hosts millions of migrants and refugees, straining national resources as needs outpace support. Kenya's new refugee law offers a model for economic inclusion that could boost stability across the region.

A recent IMF lecture explored shifting attitudes towards capital flows and lessons from a country's journey, underscoring the complex challenges in ensuring global finance aids rather than hinders emerging economies. Lessons from Australia and South Africa highlight the benefits and risks, emphasizing the need for a balanced approach in navigating the future.

Africa faces food crises exacerbated by external shocks but requiring internal solutions. African governments must adopt approaches that boost yields, improve food access and safety, while building robust data systems - reforms that nourish people now and safeguard the environment for future generations. External shocks highlight needs; transformation provides solutions.

While Russia and China push for a BRICS currency as an alternative to the US dollar, experts doubt it is feasible given disparities between BRICS economies and the lack of strong trading ties within the bloc. BRICS currencies are starting to be used more for trade.

Research shows that a strengthening US dollar hurts emerging markets disproportionately, with economic output shrinking up to 1.9 percent after a 10 percetn appreciation, though flexible exchange rates, anchored inflation expectations, global safety nets and capital controls can help mitigate spillovers for vulnerable economies.