Adaptation to climate change is a necessity for advanced and developing economies alike.
Policymakers face the challenge of facilitating this transition. This Note argues that …

Adaptation to climate change is an integral part of sustainable development and a necessity
for advanced and developing economies alike. How can adaptation be planned for and …

After close to two decades of strong economic activity, overall growth in sub-Saharan Africa
decelerated markedly in 2015–16 as the largest economies experienced negative or flat …

Climate change is one of the greatest challenges facing policymakers worldwide, and the
stakes are particularly high for Asia and the Pacific. This paper analyzes how fiscal policy can …

… Matthieu Bellon and Emanuele Massetti … IMF Staff Climate Note 2022/003 Matthieu Bellon
and Emanuele … (Bellon and Massetti 2022, henceforth Note 1) examines the economic …

A growing literature estimates the macroeconomic effect of weather using variations in
annual country-level averages of temperature and precipitation. However, averages may not …

This paper documents the steady increase in intraregional trade in sub-Saharan Africa
since 1980, links this rise to important growth spillovers in the region, and identifies the main …

Economic volatility remains a fact of life in Sub Saharan Africa (SSA). Household-level shocks
create large consumption fluctuations, raising the incidence of poverty. Drawing on micro-…

We examine the role of market characteristics and timing in explaining observed heterogeneity
in VAT pass-through. We first extend existing theory to characterize the roles of imperfect …

… , an annual investment of about ½ percent of GDP globally on average to strengthen
public assets would be beneficial to address existing climate risks from floods and storms (Bellon …