News

The AERC held a side event at the third edition of the African Conference on Debt and Development (AfCoDD III) on August 30, 2023, at the Radisson Blue Hotel in Dakar, Senegal. The African Conference on Debt and Development (AfCoDD) is an annual forum that brings together political, technical, and civic leaders from Africa to deliberate and agree on commitments that safeguard the macroeconomic sustainability of the continent towards achieving the structural transformation espoused in Agenda 2063. The AfCoDD III is organized by the African Forum and Network on Debt and Development (AFRODAD), AERC advocacy partner in the BMGF-funded collaborative research project on “Evidence to drive reforms for Special Drawing Rights (SDR) financing in SSA economic recovery.” The project, coordinated by Prof. Abebe Shimeles, focuses on the in-depth analysis of specific SDR financing issues in Ghana, Ethiopia, Senegal, and Kenya to produce high-quality research products and policy recommendations that are responsive to the specific needs and policy priorities of the four countries and that influence the policymaking process in those countries.

During the conference, four papers from the following Think Tanks were presented:

• Kenya Institute for Public Policy Research and Analysis (KIPPRA) – Kenya – Leveraging on Special Drawing Rights for Sustaining Economic Recovery in Kenya
• Consortium pour la Recherche Economique et Sociale (CRES) – Senegal – Special Drawing Rights Reallocations and the Financing of Economic Recovery in Senegal
• The Horn Economic and Social Policy Institute (HESPI) – Ethiopia – Case Studies on Evidence to Drive Reforms for Special Drawing Rights (SDR) Financing in SSA Economic Recovery: The Case of Ethiopia
• Institute of Statistical, Social & Economic Research (ISSER) – Ghana – Reforms for Special Drawing Rights (SDRs) Financing in Ghana’s Economic Recovery