As proposed by economist Mushtaq H. Khan, political settlements have widely been applied to political economy analyses of countries in sub-Saharan Africa (hereafter, Africa). By reviewing the original concept and causal mechanism of political settlements, this column suggests that several factors, which were excluded from the mechanism but nevertheless influence institutional outcomes, should be also…
Browsing: development
In the past five years, countries in Africa have experienced a considerable increase in public debt and risk, as the shocks from the COVID-19 pandemic and the war in Ukraine have compounded long-lasting structural weaknesses, including weak revenues, expenditure pressures, and weak growth. The World Bank and other creditors are utilizing various tools to assess…
In Kinshasa, Democratic Republic of Congo, the public water utility Regideso delegates the management of drinking water mini-networks to user associations. In Senegal, recent legislation facilitates the creation of housing cooperatives. In Tanzania, partnerships with the World Bank have helped make it one of the African countries mapping the largest number of buildings on the…