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This book depicts and reveals the socioeconomic dynamics of the COVID-19 crisis, and its global, regional, and local perspectives. Explicitly interdisciplinary, this volume embraces a wide spectrum of topics across economics, business, public management, psychology, and public health. Written by global experts, each chapter offers a snapshot of an emerging aspect of the COVID-19 crisis for the benefit of academics and students, as well as the institutional, economic, social, and developmental policymakers and health practitioners on the ground.
The study gives an overview of the socio-economic consequences and implications of the COVID- 19 outbreak in Africa. While it is of common knowledge that the damage caused by the pandemic to the global economy is real, the existing socio-economic crises in Africa could further degenerate. What remains salient is that the huge economic costs would be borne by regions bereft of strong institutional regulatory setup and proactive approach to effectively ameliorate the impact of the outbreak, in both short-run and long-run, to bounce back in relation to the magnitude of the shocks suffered. It is indeed affirmed that in most sub-Saharan African (SSA) countries, such resilient measures seem to be absent or nonexistent. Given the degree of behavioral responses and attendant vulnerabilities generated, African socio-economic problems may be potentially exacerbated with the majority of the population facing severe hardships in the continent.
This book investigates how African countries respond to socioeconomic shocks, drawing out lessons to help to inform future policy and development efforts. The challenges posed by the COVID-19 pandemic affected all sectors of the economy, exposing substantial structural weaknesses and complexities in supply chains and logistics across the African continent. This book examines the disruptive impact of the pandemic across Africa. However, it also goes beyond the current crisis to investigate how socioeconomic pressures in general impact commodity prices, national budgeting processes, food, business, energy sectors, education, health, and sanitation. Overall, the book presents evidence-based solutions and policy recommendations to enable readers to improve resilience and responses to future crises. The insights provided by this book will be of interest to policymakers and development agencies, as well as to researchers of global development, politics, economics, business, and African studies.
The COVID-19 pandemic has taken a toll on human life and brought major disruption to economic activity across the world. Despite a late arrival, the COVID-19 virus has spread rapidly across Sub-Saharan Africa in recent weeks. Economic growth in Sub-Saharan Africa is projected to decline from 2.4 percent in 2019 to -2.1 to -5.1 percent in 2020, the first recession in the region in 25 years. The coronavirus is hitting the region’s three largest economies —Nigeria, South Africa, and Angola— in a context of persistently weak growth and investment. In particular, countries that depend on oil and mining exports would be hit the hardest. The negative impact of the COVID-19 crisis on household welfare would be equally dramatic. African policymakers need to develop a two-pronged strategy of “saving lives and protecting livelihoods.†? This strategy includes relief measures and recovery measures aimed at strengthening health systems, providing income support to workers and liquidity support to viable businesses. However, financing of these policies will be challenging amid deteriorating fiscal positions and heightened public debt vulnerabilities. Therefore, African countries will require financial assistance from their development partners -including COVID-19 related multilateral assistance and a debt service stand still with creditors.
COVID-19 in the African Continent examines the development, achievements, and challenges that have resulted owing to COVID-19 pandemic and how these precarious socioeconomic situations are being managed in African countries.
Available Open Access under CC-BY-NC-ND licence. Bringing together a range of experts across various sectors, this important volume explores some of the key issues that have arisen in the Global South with the COVID-19 pandemic. Situating the worldwide health crisis within broader processes of globalisation, the book investigates implications for development and gender, as well as the effects on migration, climate change and economic inequality. Contributors consider how widespread and long-lasting responses to the pandemic should be, while paying particular attention to the accentuated risks faced by vulnerable populations. Providing answers that will be essential to development practitioners and policy makers, the book offers vital insights into how the impact of COVID-19 can be mitigated in some of the most challenging socio-economic contexts worldwide.
This book is a novel contribution to academic discourses on the coronavirus (COVID-19) crisis and how it has impacted societies globally. It proffers an overview on the social development and political measures, from both the Global North and Global South, to prevent COVID-19's spread. It illuminates major social, political and economic challenges that already existed in different contexts and which are also currently being amplified by COVID-19. Curiously, this global pandemic has opened spaces for different actors, across the globe, to begin to fundamentally question and challenge the hegemony of the Global North, which sometimes is evident in social work. Linked to the foregoing and while reflecting beyond the pandemic and into the future, the book proposes that social work must become more political at all levels, and strive to transform societies, global social development efforts, and economic and health systems. This contributed volume of 38 chapters discusses and analyses ethical, social, sociological, social work and social development issues that complement and enrich available literature in the socio-political, economics, public health, medical ethics and political science. It provides various case studies which should enable readers to gain insights into how countries have responded to the pandemic and learn how COVID-19 negatively impacted countries in different parts of the world. This book also provides a platform for the articulation of neglected and marginalized voices, such as those of indigenous populations, the poor, or oppressed. The chapters are grouped according to three main themes as they relate to research on the COVID-19 pandemic and social work in Africa, Asia, Europe, Latin America and North America: Analysis: Social Issues and the COVID-19 Pandemic Strategies and Responses in Social Work: Globally and Locally Outlook: Looking Ahead Beyond the Pandemic Intended to engage a global, diverse and interdisciplinary audience, The Coronavirus Crisis and Challenges to Social Development is a timely and relevant resource for academics, students and researchers in inter alia Social Work, Philosophy, Sociology, Economics, and Development Studies.
"This book investigates how African countries respond to socioeconomic shocks, drawing out lessons to help inform future policy and development efforts. The challenges posed by the Covid-19 pandemic affected all sectors of the economy, exposing substantial structural weaknesses and complexities in supply chains and logistics across the African continent. This book investigates the disruptive impact of the pandemic across Africa. However, it also goes beyond the current crisis to investigate how socioeconomic pressures in general impact commodity prices, national budgeting processes, food, business, energy sectors, education, health, and sanitation. Overall, the book presents evidence-based solutions and policy recommendations to enable readers to improve resilience and responses to future crises. The insights provided by this book will be of interest to policy makers and development agencies, as well as to researchers of global development, politics, economics, business, and African studies"--
EPDF and EPUB available Open Access under CC-BY-NC-ND licence. Though a globally shared experience, the COVID-19 pandemic has affected societies across the world in radically different ways. This book examines the unique implications of the pandemic in the Global South. With international contributors from a variety of disciplines including health, economics and geography, the book investigates the pandemic’s effects on development, medicine, gender (in)equality and human rights, among other issues. Its analysis illuminates further subsequent crises of interconnection, a pervasive health provision crisis and a resulting rise in socioeconomic inequality. The book’s assessment offers an urgent discourse on the ways in which the impact of COVID-19 can be mitigated in some of the most challenging socioeconomic contexts in the world.