Browsing by Author "Heffernan, Ian"

Now showing 1 - 7 of 7
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    Macroeconomic policy development in Benin
    (2023) Heffernan, Ian
    This document outlines the economic impact of the COVID-19 pandemic in Benin. We focus on the monetary and fiscal policy implemented by the government of Benin and the Central Bank of West African States (BCEAO). We found that the government and the central bank acted rapidly to contain the spread of the virus to minimize any adverse economic consequences. Fiscal policy took the form of cash transfers and subsidies for households and firms. Monetary policy expanded liquidity through banking and microfinance institutions. A portion of liquidity was specifically allocated to the agricultural sector to ensure food security. The expansion in liquidity increased consumer prices, which increased the cost of living and could potentially increase poverty. Future fiscal policy should better target those households most impacted by the price increase.
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    Macroeconomic policy response to COVID-19 in Benin
    (2023) Heffernan, Ian
    This policy brief outlines the economic impact of the COVID-19 pandemic in Benin. We focus on the monetary and fiscal policy implemented by the government of Benin and the Central Bank of West African States. Government and the bank acted rapidly to contain the spread of the virus to minimize any adverse economic consequences. Fiscal policy took the form of cash transfers and subsidies for households and firms. Monetary policy expanded liquidity through banking and microfinance institutions. A portion of liquidity was specifically allocated to the agricultural sector to ensure food security. The expansion in liquidity increased consumer prices, which increased the cost of living and could potentially increase poverty. Future fiscal policy should better target those households most impacted by the price increase.
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    Pourquoi la reprise après la covid-19 doit être sexospécifique
    (2022-03) Esquivel, Valeria; Ogando, Ana Carolina; Ismail, Ghida; Valdivia, Marcela; Achyut, Pranita; Pakade, Nomancotsho; Lankoandé, Gountiéni D.; Heffernan, Ian
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    Qui a été le plus touché économiquement par le COVID-19 au Bénin et comment?
    (2023-02) Heffernan, Ian; Eyebiyi, Erwin-Segolene
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    Who was most economically affected by COVID-19 in Benin and how?
    (2023-02) Heffernan, Ian; Eyebiyi, Erwin-Segolene
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    Why COVID-19 recovery must be gender-responsive
    (2022-03) Esquivel, Valeria; Ogando, Ana Carolina; Ismail, Ghida; Valdivia, Marcela; Achyut, Pranita; Pakade, Nomancotsho; Lankoandé, Gountiéni D.; Heffernan, Ian
    This summary highlights key learning from research from the Covid-19 Responses for Equity (CORE) initiative focusing on the impact the pandemic is having across different vulnerable groups and how gender intersects and often exacerbates these effects. Supported by the International Development Research Centre (IDRC), CORE brings together 21 projects to understand the socioeconomic impacts of the pandemic, improve existing responses, and generate better policy options for recovery. The research is being led primarily by local researchers, universities, thinktanks and civil society organisations across 42 countries in Africa, Asia, Latin America, and the Middle East.