Author/Editor: Laure Redifer, Emre Alper, Neil Meads, Tunc Gursoy, Monique Newiak, Alun H Thomas, Samson Kwalingana.

Release Date:August, 2020

This paper explores some of the key factors behind Rwanda key successes, including unique institution-building that emphasized governance and ownership; aid-fueled and government-led strategic more...

Author/Editor: Emre Alper, Michal Miktus.

Release Date:November, 2019

Digital connectivity, including through the modern cellular network technologies, is expected to play a key role for the Future of Work in sub-Saharan Africa (SSA). We estimate the cost of more...

Author/Editor: Emre Alper, Michal Miktus.

Release Date:September, 2019

Higher digital connectivity is expected to bring opportunities to leapfrog development in sub-Saharan Africa (SSA). Experience within the region demonstrates that if there is an adequate digital more...

Author/Editor: Emre Alper, Benedict J Clements, Niko A Hobdari, Rafel Moyà Porcel.

Release Date:May, 2019

This paper reviews the impact of interest rate controls in Kenya, introduced in September 2016. The intent of the controls was to reduce the cost of borrowing, expand access to credit, and increase more...

Author/Editor: Aidar Abdychev, Cristian Alonso, Emre Alper, Dominique Desruelle, Siddharth Kothari, Yun Liu, Mathilde Perinet, Sidra Rehman, Axel Schimmelpfennig, Preya Sharma.

Release Date:December, 2018

Far-reaching changes in technology, climate, and global economic integration are transforming the world of work in ways that we do not yet fully understand. Will the swift technological advances of more...

Author/Editor: Emre Alper, Wenjie Chen, Jemma Dridi, Herve Joly, Fan Yang.

Release Date:January, 2017

This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the more...

Author/Editor: Emre Alper, Niko A Hobdari, Ali Uppal.

Release Date:December, 2016

This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and more...

Author/Editor: Emre Alper, R Armando Morales, Fan Yang.

Release Date:June, 2016

This paper analyzes the degree to which volatility in interbank interest rates leads to volatility in financial instruments with longer maturities (e.g., T-bills) in Kenya since 2012, year in which more...

Author/Editor: Paolo Mauro, Herve Joly, Ari Aisen, Emre Alper, Francois Boutin-Dufresne, Jemma Dridi, Nikoloz Gigineishvili, Tom Josephs, Clara Mira, Vimal V Thakoor, Alun H Thomas, Fan Yang.

Release Date:August, 2015

This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, more...

Author/Editor: Paulo Drummond, Ari Aisen, Emre Alper, Ejona Fuli, Sébastien Walker.

Release Date:July, 2015

This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews more...