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North Africa economic outlook 2020: coping with the COVID-19 pandemic

Before the spread of the coronavirus pandemic at the global level, economic growth in North Africa was expected to ... Show more
Before the spread of the coronavirus pandemic at the global level, economic growth in North Africa was expected to rebound to 4.4 per cent and 4.5 per cent respectively in 2020 and 2021. However, the uncertain global environment, the [Coronavirus Disease 2019] COVID-19 pandemic and the projected contraction in advanced economies will negatively impact the growth forecast for the region. Among all African regions, North Africa had registered the most important number of COVID-19 confirmed cases as of May 2020. The latest projections for 2020 indicate a loss of 5.2 points of growth in the region, from a growth rate of 4.4 per cent to -0.8 per cent if the pandemic were to last until June 2020 (baseline scenario) and a loss of 6.7 points with a growth rate of -2.3 per cent if the pandemic were to perdure until December 2020 (worst-case scenario). In 2019, for the second year in a row, North Africa was the second-best performing region in Africa with a growth rate estimated at 3.7 per cent.
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Authors: Pinto Moreira, Emmanuel; Bertin, Sara; Verdier-Chouchane, Audrey

Date: 2020

Geographic subjects: Algeria; Egypt; Libya ... [+] Show more

Resource type: Report, paper or authored book

Subjects: Economics; Industry; Labour market ... [+] Show more
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Gender gaps in the labor market and economic growth

This paper studies the effects of policies aimed at mitigating discrimination against women in the marketplace on t... Show more
This paper studies the effects of policies aimed at mitigating discrimination against women in the marketplace on the gender wage gap, decisions to invest in skills, the composition of employment and unemployment, and long-run growth. The analysis uses a gender-based overlapping generations model with labor market rigidities. Gender bias in the workplace varies inversely with the presence of skilled women (as agents of change) in the labor market and has a direct impact on their bargaining power in the family. The model is calibrated for Morocco. Experiments show that although the benefits of policies aimed at mitigating gender bias in the workplace can promote growth and be significantly magnified through a stronger presence of skilled women in the labor market, a trade-off may emerge with respect to female unemployment when anti-discrimination policies are combined with policies aimed at subsidizing women's training. To internalize this trade-off, anti-discrimination policies in the marketplace may need to be complemented by measures aimed at reducing labor costs and raising productivity.
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Authors: Agenor, Pierre-Richard; Ozdemir, Kamer Karakurum; Pinto Moreira, Emmanuel

Date: 2018

Geographic subjects: Morocco; Africa

Resource type: Report, paper or authored book

Series name: World Bank policy research working paper

Subjects: Gender; Equity; Policy ... [+] Show more

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North Africa economic outlook 2020: coping with the COVID-19 pandemic

Gender gaps in the labor market and economic growth