economic growth

Building Businesses Back Better amid COVID-19 Pandemic in Africa

This research analyses the effects of COVID-19 pandemic on micro, small and medium business activities, and its implications for how to be better prepared for possible future socioeconomic shocks, and the geopolitical repercussion for African governments. This article was first published as a Visiting Scholars’ Opinion Paper for the Korea Institute for International Economic Policy […]

Download

Nigeria Economic Update (Issue 47)

The latest GDP report released by the National Bureau of Statistics for the third quarter of 2019, indicated a 2.28% year-on-year growth from 2018Q3. Between 2019Q2 and Q3, the GDP also grew by 0.17%1. The growth was predominantly driven by the oil sector which recorded the highest daily oil production in 3 years of 2.04 […]

Download

Nigeria Economic Update (Issue 41)

Internally Generated Revenue (IGR) for the 36 states and the Federal Capital Territory (FCT) increased by 15.78 percent in the first half of 2019 relative to the second half of 2018. IGR increased from ₦596.91 to ₦691.11 billion in the review period.1 Income tax (62.45 percent) was the major source of revenue for the states. […]

Download

A Scoping Study of Nigeria’s Tobacco Market and Policy Space

Tobacco use and control in Nigeria and other African countries have received little attention relative to other regions like Asia and Latin America. This is due to the perceived low smoking prevalence in Africa compared to the more immediate need for interventions against infectious diseases. However, the trends are changing quickly. Economic growth rate in […]

Download

Explaining Sectoral and Spatial Variations in Growth Pro-poorness in Nigeria

The link between poverty reduction and growth has for some time been the focus of numerous empirical studies on growth. Recent studies show that the responsiveness of poverty to economic growth varies significantly both within and between countries and that growth alone is not sufficient for poverty reduction. For example, Klasen and Misselhorn (2008) found […]

Download