OPINION/EDITORIAL

Nigeria’s Manufacturing Sector Still Crawling

December 19, 2023/CSL Research The manufacturing sector’s real GDP growth was 0.48% in Q3 2023, a 78.12% decrease compared to the 2.20% recorded in Q2 2023. The sector’s contribution to the real GDP in the third quarter of 2023 was 8.43%, a slight decline from the 8.59% recorded in the […]

Nigeria: Policy Reforms in Times of Turbulence

December 19, 2023/FSDH Research GDP growth remains tepid while prices continue to trend upwards Nigeria’s real Gross Domestic Product (GDP) grew by 2.54% (y/y) in the third quarter of 2023, the highest growth rate recorded so far in the year. As with previous quarters, the services sector, especially finance & […]

Latin America Can Boost Economic Growth by Reducing Crime

(Credit: Orbon Alija/iStock by Getty Images) December 18, 2023/IMFBlog By Rafael Machado Parente and Rodrigo Valdes Crime and violence have long been a top-of-mind concern for households across Latin America and the Caribbean. The region accounts for nearly half of the world’s intentional homicide victims, despite representing just over 8 percent of […]