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  • Publication - Working Paper

    How to deal with exchange rate risk in infrastructure and other long-lived projects

    Currency risk remains a significant deterrent to foreign investment flows to developing and emerging economies, particularly for long-duration infrastructure investments. Given the nature of such long-term investments, that take place in non-tradable sectors for which natural hedge is unlikely, hedging instruments are frequently costly, if at all available. Thus, either the...

    11 Aug 2022 | Claudio Frischtak, Luciano de Castro, Arthur M. Rodrigues

  • Publication - Project Report

    Synthesis on the impact of ICT sector on growth and employment in Ethiopia

    28 Jul 2022 | Getachew Abegaz, Seneshaw Tamru

  • Publication - Policy Brief

    ICT investments on productivity: The example of mobile towers in Ethiopia

    After experiencing sustained and high economic growth, Ethiopia entered a reform period to realign economic incentives and encourage private sector-driven growth. Investments in the information, communication, and technology (ICT) sector have emerged as one potential engine of future growth and productivity. This includes the construction of mobile towers and giving...

    27 Jul 2022 | Niclas Moneke

  • Publication - Policy Brief

    Recovery from the COVID-19 shock and the informal labour market in urban Uganda

    We conducted a phone survey of a representative sample of manufacturing firms and their workers in Uganda in Spring 2022, two years after the onset of the pandemic. We find that the second lockdown implemented in Uganda in June- July 2021 resulted in a sharp increase in business closures, but these were largely temporary. However, a sizeable share of firm owners...

    25 Jul 2022 | Vittorio Bassi, Jung Hyuk Lee, Alessandra Peter, Tommaso Porzio, Ritwika Sen, Esau Tugume

  • Publication - Case study

    Renforcer les finances municipales : l’expérience de Kampala (Ouganda)

    La ville ougandaise de Kampala illustre bien la manière dont la réforme institutionnelle et administrative est en mesure, sans modification de grande ampleur des politiques publiques, d’augmenter considérablement les rentrées fiscales municipales. À travers la mise en place de systèmes informatisés plus efficaces, en attirant des personnels plus capables et en...

    19 Jul 2022 | Victoria Delbridge, Oliver Harman, Astrid Haas, Tony Venables

  • Publication - Case study

    Renforcer les finances municipales : l’expérience de Mzuzu et du Malawi

    Le cas de Mzuzu illustre la manière dont les villes secondaires sont capables d’innover et de montrer la voie en matière de réforme des finances municipales, alors même que leurs recettes fiscales sont extrêmement faibles et leurs moyens minimes. Mzuzu est la troisième grande ville du Malawi. La présente étude de cas se concentre sur un système d’évaluation...

    19 Jul 2022 | Victoria Delbridge, Oliver Harman, Tony Venables, Astrid Haas, Dyson Jangia

  • Publication - Case study

    Xoojinta booska maaliyadeed magaalooyinka: Caddayn laga sameeyey Hargeysa

    Magaalada Hargeysa, in kasta oo ay ku jirtay marxalad hore ee kor u qaadista maaliyadeeda, haddana waxay ku gaadhay dib u habeyn la taaban karo dhawr sano gudahood tan iyo markii la aasaasay dimoqraadiyadeeda 2002. Guulaha la gaadhay ayaa waliba ka sii cajaa’ib badan, iyada oo la tixgelinayo xaaladda jilicsan ee Somaliland ka dib 30 sannado oo colaado ay ka socdeen...

    19 Jul 2022 | Victoria Delbridge, Oliver Harman, Priya Manwaring, Astrid Haas, Tony Venables, Ahmedi Yusuf

  • Credit: Oliver Harman
    Publication - Case study

    Renforcer les finances municipales : l’expérience de Hargeisa (Somaliland)

    La municipalité de Hargeisa, capitale du Somaliland, a beau avoir commencé depuis peu à améliorer sa situation financière, elle a déjà mené à bien des réformes notables dans les quelques années qui ont suivi l’établissement de son statut démocratique en 2002. Les réussites sont d’autant plus remarquables au vu de la situation précaire du Somaliland...

    19 Jul 2022 | Victoria Delbridge, Oliver Harman, Priya Manwaring, Astrid Haas, Tony Venables, Ahmedi Yusuf

  • Publication - Case study

    Enhancing the financial position of cities: Evidence from Hargeisa

    The City of Hargeisa in Somaliland, despite being in the very early stages of enhancing its financial position, has achieved significant reform in just a few years. The successes achieved are even more remarkable, considering Somaliland’s recognition as a sovereign state by the international community and resultant limited opportunity for international partnership’....

    19 Jul 2022 | Victoria Delbridge, Oliver Harman, Priya Manwaring, Astrid Haas, Tony Venables, Ahmedi Yusuf

  • Publication - Case study

    Enhancing the financial position of cities: Evidence from Kampala

    The city of Kampala in Uganda provides an illustrative example of how institutional and administrative reform, without widespread policy change, can generate substantial increases in municipal revenues. Through the implementation of more efficient digitalised systems, attracting higher capacity staff, and a focus on the ‘citizen as a client’, the city has managed to...

    19 Jul 2022 | Victoria Delbridge, Astrid Haas, Oliver Harman, Tony Venables