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Boosting Inclusive Development: A Vision from a Nobel Laureate | Africa Perspectives

0 Views· 10/17/23
Amobi Anazodo
Amobi Anazodo
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The IMF’s African Department is pleased to host Michael Kremer, Professor of Economics at the University of Chicago, where he directs the Development Innovation Lab. He is the joint winner of the 2019 Nobel Prize in Economics for the “experimental approach to alleviating global poverty.” 

While African countries are grappling with the fallout of exogenous shocks like Russia’s war in Ukraine and climate change, the continent’s leaders are also trying to tackle persistent structural issues. Healthcare services are under strain, as is education, with low enrollment and high dropout rates for children who in the next 5–10 years will provide about half of the world’s increase in working-age population.

Agriculture, a vital sector for food security and economic growth in the region, is constrained by low productivity, the impact of climate change, and limited access to modern technologies. Furthermore, economic growth remains stifled by insufficient investment and infrastructure, weak institutions, high unemployment, and income inequality.

Join us for a conversation between Professor Kremer and the IMF’s African Department Director, Abebe Aemro Selassie, to learn more about the key measures policymakers can take to address regional challenges as well as global ones like climate change and pandemics.

Send questions in advance or during the event: AfricaPerspectives@imf.org

http://www.imf.org/africaperspectives

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