Horn of Africa Regional Economic Memorandum : Overview

The objective of this Regional Economic Memorandum (REM) is to strengthen the economic analysis available to policymakers on the challenges and opportunities for regional economic integration to support job creation and economic transformation in t...

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Main Authors: Brenton, Paul, Bundervoet, Tom, Edjigu, Habtamu, Masaki, Takaaki, Sienaert, Alexis
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/undefined/536711634241110141/Horn-of-Africa-Regional-Economic-Memorandum-Overview
http://hdl.handle.net/10986/36460
id okr-10986-36460
recordtype oai_dc
spelling okr-10986-364602021-11-04T05:10:52Z Horn of Africa Regional Economic Memorandum : Overview Brenton, Paul Bundervoet, Tom Edjigu, Habtamu Masaki, Takaaki Sienaert, Alexis SPATIAL ECONOMICS LIVING STANDARDS MARKET ACCESS CROSS-BORDER TRADE REGIONAL INTEGRATION JOB CREATION INFRASTRUCTURE TRADE FACILITATION URBANIZATION HUMAN CAPITAL The objective of this Regional Economic Memorandum (REM) is to strengthen the economic analysis available to policymakers on the challenges and opportunities for regional economic integration to support job creation and economic transformation in the Horn of Africa. It assesses the current state of regional economic integration, how policies and investments can deepen this integration, and how this could help to address the opportunities and challenges confronting the region. The analysis applies both an economic geography perspective (based on the 3Ds framework of the 2009 WDR – density, distance, and division) and the lens of the jobs and economic transformation (JET) agenda, whilst taking into account fragility and conflict and the region’s complex and evolving political economy. This overview synthesizes the key findings of the analysis conducted for the HoA REM, full details of which are presented in a series of Background Papers. The overview briefly describes key aspects of the region’s economy and development progress (Section 2). Next, in Section 3, it presents features of the economic geography of the region and some key results from economic modeling and transport connectivity analysis. The findings demonstrate the salience of the JET agenda in the Horn, and this and its implications are discussed in Section 4. Finally, Section 5 concludes by highlighting the main policy messages which emerge from the REM’s regional-level analysis. 2021-11-03T14:21:09Z 2021-11-03T14:21:09Z 2021-06-21 Report http://documents.worldbank.org/curated/undefined/536711634241110141/Horn-of-Africa-Regional-Economic-Memorandum-Overview http://hdl.handle.net/10986/36460 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Country Economic Memorandum Africa Africa Eastern and Southern (AFE) Djibouti Eritrea Ethiopia Kenya Somalia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SPATIAL ECONOMICS
LIVING STANDARDS
MARKET ACCESS
CROSS-BORDER TRADE
REGIONAL INTEGRATION
JOB CREATION
INFRASTRUCTURE
TRADE FACILITATION
URBANIZATION
HUMAN CAPITAL
spellingShingle SPATIAL ECONOMICS
LIVING STANDARDS
MARKET ACCESS
CROSS-BORDER TRADE
REGIONAL INTEGRATION
JOB CREATION
INFRASTRUCTURE
TRADE FACILITATION
URBANIZATION
HUMAN CAPITAL
Brenton, Paul
Bundervoet, Tom
Edjigu, Habtamu
Masaki, Takaaki
Sienaert, Alexis
Horn of Africa Regional Economic Memorandum : Overview
geographic_facet Africa
Africa Eastern and Southern (AFE)
Djibouti
Eritrea
Ethiopia
Kenya
Somalia
description The objective of this Regional Economic Memorandum (REM) is to strengthen the economic analysis available to policymakers on the challenges and opportunities for regional economic integration to support job creation and economic transformation in the Horn of Africa. It assesses the current state of regional economic integration, how policies and investments can deepen this integration, and how this could help to address the opportunities and challenges confronting the region. The analysis applies both an economic geography perspective (based on the 3Ds framework of the 2009 WDR – density, distance, and division) and the lens of the jobs and economic transformation (JET) agenda, whilst taking into account fragility and conflict and the region’s complex and evolving political economy. This overview synthesizes the key findings of the analysis conducted for the HoA REM, full details of which are presented in a series of Background Papers. The overview briefly describes key aspects of the region’s economy and development progress (Section 2). Next, in Section 3, it presents features of the economic geography of the region and some key results from economic modeling and transport connectivity analysis. The findings demonstrate the salience of the JET agenda in the Horn, and this and its implications are discussed in Section 4. Finally, Section 5 concludes by highlighting the main policy messages which emerge from the REM’s regional-level analysis.
format Report
author Brenton, Paul
Bundervoet, Tom
Edjigu, Habtamu
Masaki, Takaaki
Sienaert, Alexis
author_facet Brenton, Paul
Bundervoet, Tom
Edjigu, Habtamu
Masaki, Takaaki
Sienaert, Alexis
author_sort Brenton, Paul
title Horn of Africa Regional Economic Memorandum : Overview
title_short Horn of Africa Regional Economic Memorandum : Overview
title_full Horn of Africa Regional Economic Memorandum : Overview
title_fullStr Horn of Africa Regional Economic Memorandum : Overview
title_full_unstemmed Horn of Africa Regional Economic Memorandum : Overview
title_sort horn of africa regional economic memorandum : overview
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/undefined/536711634241110141/Horn-of-Africa-Regional-Economic-Memorandum-Overview
http://hdl.handle.net/10986/36460
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