THE death at the age of 71 of former Bank of Tanzania (BoT) governor Prof Benno Ndulu as he underwent treatment at the Hubert Kairuki Hospital in Dar es Salaam has shocked a legion of experts in the banking community and economic research regionally and abroad.
Researchers describe data about the effect of pandemic on households
A large proportion of households in lower- and middle-income countries were suffering dire economic conditions and food insecurity within just three months of COVID-19 being declared a pandemic last March, a study says.
Steep drops in employment and economic losses in many of the countries surveyed rivalled or exceeded those experienced by rich nations, the report says.
This contrasts with the assertion by some analysts that poorer countries experienced a milder initial impact because of their relatively young populations and fewer connections by trade and travel to the global economy.
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Home » Events » La CEPAL participará en el evento Stimulating a Green Recovery in Latin America organizado por la London School of Economics and Political Science
La CEPAL participará en el evento Stimulating a Green Recovery in Latin America organizado por la London School of Economics and Political Science La División de Desarrollo Sostenible y Asentamientos Humanos de la CEPAL participará en el evento Stimulating a Green Recovery in Latin America organizado por el Latin America and Caribbean Centre (LACC) de la Universidad London School of Economics and Political Science. / ECLAC s Sustainable Development and Human Settlements Division will participate in the event Stimulating a Green Recovery in Latin America organized by the Latin America and Caribbean Center (LACC) of the London School of Economics and Political Science University.
Credit: Innovations for Poverty Action
Washington, D.C.. The onset of the COVID-19 pandemic caused a sharp decline in living standards and rising food insecurity in developing countries across the globe, according to a new study by an international team of economists.
The study, published Feb. 5 in the journal
Science Advances, provides an in-depth view of the health crisis s initial socioeconomic effects in low- and middle-income countries, using detailed micro data collected from tens of thousands of households across nine countries. The phone surveys were conducted from April through July 2020 of nationally and sub-nationally representative samples in Bangladesh, Burkina Faso, Colombia, Ghana, Kenya, Nepal, Philippines, Rwanda, and Sierra Leone. Across the board, study participants reported drops in employment, income, and access to markets and services, translating into high levels of food insecurity. Many households reported being unable to meet basic nutritional needs.
Uganda’s Manufacturing Sector
Uganda’s manufacturing sector might have its challenges, but there are many public and private stakeholders intent on helping develop it
During the 1990s and early 2000s, Uganda made the transition from a predominantly agricultural to increasingly industrialised country, and was praised for its economic policies of government divesture, privatization and currency reform. With the return of political stability to the country, foreign companies and lending institutions began investing in the manufacturing sector, in businesses such as cement factories, drinks manufacturing plants and textiles and steel mills.
However, agriculture is still the largest contributor to the country’s GDP. Uganda’s manufacturing industries are primarily based on processing these agricultural products including tea, tobacco, sugar, coffee, cotton, dairy products and more. Other goods produced in the country include fertiliser, beer, matches, shoes, ste