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Gender-based violence tops womens-rights issues in Liberia; citizens say it is a criminal matter



[ © Afro Barometer ]

 Liberian President George Weah declared rape a national emergency in 2020, after signing a Domestic Violence Act the previous year. Despite these steps, rape and other forms of sexual and gender-based violence against women and girls persist, perpetuated by traditional social norms as well as social dislocations and a lack of accountability as a legacy of the country’s 14-year civil war.  

Forming a Unity Government May be Libyas Best Bet for Healing Rift



[ © International Crisis Group ]

 Libya’s political crisis took a new turn after its House of Representatives, based in the eastern city of Tobruk, approved a plan to appoint an interim government that would reunify the country’s two parallel executives as part of a roadmap to general elections. House members made this decision with backing from representatives of the rival Tripoli-based assembly, the High State Council, and from east-based military strongman Field Marshal Khalifa Haftar.  

The Newest Weapon in Irregular Warfare. Artificial Intelligence



[ © Irregular Warfare Center ]

 On the morning of 22 May, 2023, an artificial intelligence (AI) generated image of an explosion at the Pentagon surfaced online and spread like wildfire throughout social media. Multiple news sources reported and shared the AI-generated image on their platforms. As a result, markets responded to the reports and image, and the S&P 500 index fell in just minutes after its reporting, causing a $500 billion market cap swing, even though this image was quickly proven as fake.  

Israeli-Hizbollah Mutual Deterrence Must Be Preserved



[ © International Crisis Group ]

 Since 2006, “unspoken rules” have prevented tensions between Hizbollah and Israel from blowing up into large-scale conflict. But the mutual deterrence is fragile. In this video of our In Black & White series, Crisis Group’s Senior Analyst for Lebanon, David Wood, explains how a misstep on one side could lead the other to respond forcefully.  

Assessing the Sustainability of Jordans Public Debt: The Importance of Reviving the Private Sector and Improving Social Outcomes



[ © Economic Research Forum ]

 This paper examines debt sustainability in Jordan. First, it notes Jordan’s economic trajectory, which has been characterized by long stop-go cycles; real GDP per capita peaked in the early 1980s followed by a precipitous decline in 1992, then peaked again in the early 2010s and has since declined to levels last seen in the early 2000s. Second, these long swings have been associated with increasing reliance on international support. Much of this international support has contributed to increasing levels of public debt, the composition of which is shifting from domestic to external browning – something that should be examined against the exchange rate that has remained pegged for three decades. Third, due to unprecedented high rates of economic growth during the 2000s, the debt-to-GDP ratio was reduced by half during the 2000s even though the debt level doubled.  

Reading of the Week: Silencing the guns in Bamako and Lagos



[ © ENACT Africa ]

 This study explores the complex relationships between urbanisation and transnational organised crime, focusing on how illicit arms shape urban violence and are leveraged by criminal groups. It maps the nexus between arms trafficking actors and criminal groups operating in other organised markets in urban contexts and proposes interventions that engage with diverse layers of urban governance and stakeholders in the cities. The study focuses on Bamako and Lagos as urban centres in which arms trafficking and urbanisation intersect.  

Benins Nationally Determined Contributions and its Economy



[ © The South African Institute of International Affairs ]

 Benin is doing its part to minimise the adverse effects of climate change by adopting a stringent set of nationally determined commitments (NDCs). These include measures to reduce emissions in the agricultural, energy and forestry sectors. The government has made significant progress in meeting Benin’s NDCs since their inception. For example, major infrastructure investments have been made in both the energy and agricultural sectors. Overall, the objectives set out in the NDCs align well with the country’s national priorities, such as improving food insecurity and access to electricity. However, the government’s policy response to COVID-19 showed little overlap with the NDCs. Integration with future emergency policy responses could be achieved by aligning the government’s monetary policy with the NDCs. In particular, liquidity earmarked for the agricultural and microfinance sectors could be directed at projects that advance the achievement of the NDCs.  

Central Africa Economic Outlook 2023



[ © African Development Bank Group ]

 Central Africa experienced accelerated growth in 2022, recording a real GDP growth rate of5.0% in 2022, up from 3.4% in 2021, according to African Development Bank statistics. This renew economic activity was driven by favourable commodity prices, particularly in a region with net exporters of not only crude oil, but also minerals and other commodities. This regional growth momentum was mainly sustained by the Democratic Republic of Congo which recorded a real GDP growth rate of 8.5% in 2022.  

Power couple: How Europe and Algeria can move beyond energy cooperation



[ © European Council on Foreign Relations ]

 Algeria is back. After years of self-imposed withdrawal from international politics under the leadership of geriatric former president, Abdelaziz Bouteflika, Algeria now wants to reinvigorate its role as a regional power. But it is re-emerging amid heightened tensions with its rival Morocco and rapidly destabilising southern and eastern neighbours.  

New Trends in Chinese Infrastructure Lending to Africa



[ © South African Institute of International Affairs ]

 China has emerged as a key funder and builder of infrastructure in the Global South. While this has sparked development, concern about the debt impact of these projects has grown in China and around the world. This policy brief maps key trends emerging in response to this dilemma.. It first looks at the expansion and contraction of Chinese infrastructure finance to Africa and provides some background on the sharp decline in Chinese lending over the past few years. Then it highlights three emerging trends driven by both Chinese and African stakeholders: a diversification of partners, a focus on smaller projects and the emergence of new funding models.  

Reframing Sustainable Finance: Lessons from Lebanon



[ © Economic Research Forum ]

 Capital investment is needed to fund the green transition. This means that the finance sector must be involved in combating the climate crisis in countries around the world, including Lebanon. This column argues that to ensure that these funding needs are met, policy-makers should work in harmony with other stakeholders to ensure that businesses are incentivized to de-carbonise their operations. Only by easing the process of the green transition through sustainable financing can countries like Lebanon meet their environmental pledges. Policy action to support such funding is needed urgently.  

Estimating the Causal Relationship between External Debt and Inflation in Jordan: Evidence from an ARDL and Toda-Yamamoto Approaches



[ © Economic Research Forum ]

 This study investigates the causal relationship, if any exists, between external debt and inflation in Jordan over the period 1970 to 2020 within a multivariate framework by including other determinants of inflation. The study uses an ARDL bounds testing approach to cointegration to test the existence of a long-run relationship between the inflation and its drivers. An error correction model is estimated to reveal the short-run dynamics between the series. The direction of causality is examined using Toda-Yamamoto Granger non-causality test. The results suggest a statistically significant long-term relationship between inflation and its drivers. The Toda-Yamamoto Granger noncausality test reveals a bi-directional causality between inflation and external debt, between the nominal effective exchange rate and inflation, and between money supply and inflation. Proper management of the exchange rate policy, money supply and external debt levels is crucial to control inflation rates in Jordan.