Next Generation Africa: Economic Impact and Mutual Benefits from a Strategic EU-Africa Partnership

Olimpia Fontana

No 600, Research Papers from Fondazione Centro Studi sul Federalismo

Abstract: This paper contributes from an economic point of view to the idea of a Next Generation Africa financed by the EU’s allocation of SDRs. The first part considers the macroeconomic framework for African countries at an aggregate level, especially after the outbreak of the pandemic. The second part provides an approximate estimate of the impact of Next Generation Africa on aggregate economic growth and on the financing needs of the African continent’s basic infrastructure. Other long-term dimensions of a strategic partnership with Africa are also discussed. The paper strongly confirms the need and opportunity, on both sides of the partnership, for Next Generation Africa.

Keywords: Africa; Europe; Special Drawing Rights; Development; Fiscal Multiplier (search for similar items in EconPapers)
JEL-codes: F10 F13 F21 F53 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2022-02
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.csfederalismo.it/en/component/jdownloa ... tid=2&m=0&Itemid=216 Final version, 2022 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:azz:rpaper:600

Access Statistics for this paper

More papers in Research Papers from Fondazione Centro Studi sul Federalismo
Bibliographic data for series maintained by Elisabetta Tarasco ().