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  "authors": [
    "Zainab Usman",
    "Abebe Aemro Selassie"
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Event

How African Countries Can Navigate the Turbulent Global Economy

Wed, May 18th, 2022

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Program

Africa

The Africa Program focuses on economic, political, and transnational issues shaping Africa’s future. By conducting data-driven research, convening high-level dialogues, forging strategic partnerships, and amplifying African voices, the program addresses a crucial knowledge gap on Africa’s role in a changing global environment.

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African economies still recovering from slowdown caused by the global pandemic are again at risk of destabilization. Russia’s invasion of Ukraine, low COVID-19 community vaccination rates, increasingly severe climate incidents, and a global economic downturn present substantial challenges and African policymakers must respond to spare their nations from economic disaster. Yet, given constrained fiscal space and rising debt, how can policymakers position their economies on a path of sustainable recovery? Is the $100 billion in Special Drawing Rights pledged by G20 countries to vulnerable nations enough to mitigate the strain? And how do calls for reforming the Bretton Woods system and global financial institutions impact the path forward?

Join Carnegie, in partnership with the International Monetary Fund, for a special conversation on the IMF Regional Economic Outlook, featuring Carnegie Africa director, Zainab Usman, and IMF director for Africa, Abebe Aemro Selassie.

Southern, Eastern, and Western AfricaEconomyTrade

Event Speakers

Zainab Usman
Former Director, Africa Program
Zainab Usman
Abebe Aemro Selassie

Abebe Aemro Selassie is the director of the African Department at the International Monetary Fund (IMF).

Abebe Aemro Selassie

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

Event Speakers

Zainab Usman

Former Director, Africa Program

Zainab Usman was a senior fellow and the inaugural director of the Africa Program at the Carnegie Endowment for International Peace.

Abebe Aemro Selassie

Abebe Aemro Selassie is the director of the African Department at the International Monetary Fund (IMF).

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