DOGE Cuts to USAID: How Could Geopolitics Affect Health/Food Security and Economic Development in Africa?
The various spending cuts to USAID – via the ‘recession package’ – especially in relation to Africa, provides an additional input into our risk models and ways of quantifying the effect of geopolitics on health and food security and economic development.
In this recent study published in the Journal of Economic Integration that uses our ICRG data, the factors that account economic informality disparities between African countries is explored. Inter alia, an increase in the standard of living of the population, an improvement in the control of corruption and the strengthening of financial development could help African countries to reduce the gap. However, fiscal freedom, technological infrastructure, trade liberalization and political stability increase the explained gap.
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Moving beyond current opinions, a seasoned look into the most pressing issues affecting geopolitical risk today.
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