The Global Economic Governance (GEG) Africa programme is a policy research and stakeholder engagement programme to strengthen the influence of pro-poor African coalitions at global economic governance fora.
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GEGAfrica Event Report, September 2018

As a complement to our previous blog in which we looked at a range of policy instruments to support the enabling-market approach to digital policy formation, this blog delves into some of the instruments that developing countries can use when adopting a more interventionist policy approach – the ultimate goal being ‘digital catch-up’.

In our previous blog, we looked at the two broad policy approaches that developing countries could adopt to enhance their digital preparedness: an enabling approach and a digital catch-up approach. Linked to these two approaches are various policy instruments that can be used to steer the policy implementation process.

Embracing digitalisation is not an option for countries. The digital era has arrived and its effects will increasingly be felt as time goes by. Whether the developing world will be able to grasp the unfolding opportunities and not be overwhelmed by the challenges will depend on the policies that countries formulate and the diligence with which they implement them. Left to its own devices, the digital economy will simply widen the digital divide and exacerbate countries’ economic problems.

Turning constraints into opportunities to attract and mobilise private sector investments, both domestic and foreign, is the guiding spirit of the fourth Investing in Africa Forum: Deepening Investment Co-operation and Harnessing Innovation for Sustainable Development and Shared Prosperity.

Monday, 17 September 2018 10:29

What have we learnt from the 2008 crisis?

2008 was a shock to the system and a wake-up call, showing us that conventional economic analyses and models were insufficient to address the complexity of the modern global economy.

The World Bank Group on 11 September launched the Development Finance Forum in Kigali, Rwanda, for global public and private sector leaders to explore and demonstrate strategies to boost private sector investment in East Africa’s priority sectors, notably, housing, agriculture and tourism.

The average quality of policies and institutions in Sub-Saharan Africa was broadly unchanged in 2017, according to the latest review by the World Bank. This is a shift from the deterioration observed in the previous year.

The agenda of the G20 Trade and Investment Ministerial Meeting included global supply chains, the new industrial revolution and the international trade outlook. It also tackled ways to achieve a more inclusive trade system that contributed to fair and sustainable development. The ministers met in Mar del Plata, Argentina on 14 September.

GEGAfrica Event Report, September 2018

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