Sierra Leone Economic Update, June 2020 : The Power of Investing in Girls

Sierra Leone, like many countries in the world, is now facing the dire human and economic impacts of the COVID-19 (Coronavirus) pandemic. Prior to the COVID-19 (Coronavirus) crisis, Sierra Leone was one of the fastest growing countries in Africa. H...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/131511593700755950/Sierra-Leone-Economic-Update-2020-The-Power-of-Investing-in-Girls
http://hdl.handle.net/10986/34313
id okr-10986-34313
recordtype oai_dc
spelling okr-10986-343132021-09-16T23:08:20Z Sierra Leone Economic Update, June 2020 : The Power of Investing in Girls World Bank ECONOMIC GROWTH CORONOAVIRUS COVID-19 PANDEMIC IMPACT FISCAL TRENDS PUBLIC CONSUMPTION EXTERNAL SECTOR INFLATION ECONOMIC OUTLOOK RISKS PANDEMIC RESPONSE CHILD MARRIAGE EDUCATION ADOLESCENT GIRLS Sierra Leone, like many countries in the world, is now facing the dire human and economic impacts of the COVID-19 (Coronavirus) pandemic. Prior to the COVID-19 (Coronavirus) crisis, Sierra Leone was one of the fastest growing countries in Africa. However, growth prospects have been severely undermined since the COVID-19 (Coronavirus) outbreak. The COVID-19 (Coronavirus) crisis, like the 2014–2015 Ebola epidemic, is likely to damage adolescent girls’ education prospects and their human capital potentials as the prevalence of child marriage and early childbearing as well as the risk of girls dropping out of school are all exacerbated during crises. This update comprises the economic outlook for Sierra Leone and a special chapter on educating girls. First part discusses recent economic developments, the impact of COVID-19 (Coronavirus) on the economy and the growth prospects under different scenarios regarding the spread of COVID-19 (Coronavirus). It discusses the potential channels of transmission, provides estimates of spillovers, and emphasizes necessary policy responses. Second part of this update highlights the economic gains that could be achieved from ending child marriage and promoting girls’ education. It also discusses a range of measures that could be undertaken by the government following the recent decision to allow pregnant girls to stay in school or return to school. 2020-08-10T20:01:31Z 2020-08-10T20:01:31Z 2020-06 Report http://documents.worldbank.org/curated/en/131511593700755950/Sierra-Leone-Economic-Update-2020-The-Power-of-Investing-in-Girls http://hdl.handle.net/10986/34313 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling Africa Sierra Leone
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ECONOMIC GROWTH
CORONOAVIRUS
COVID-19
PANDEMIC IMPACT
FISCAL TRENDS
PUBLIC CONSUMPTION
EXTERNAL SECTOR
INFLATION
ECONOMIC OUTLOOK
RISKS
PANDEMIC RESPONSE
CHILD MARRIAGE
EDUCATION
ADOLESCENT GIRLS
spellingShingle ECONOMIC GROWTH
CORONOAVIRUS
COVID-19
PANDEMIC IMPACT
FISCAL TRENDS
PUBLIC CONSUMPTION
EXTERNAL SECTOR
INFLATION
ECONOMIC OUTLOOK
RISKS
PANDEMIC RESPONSE
CHILD MARRIAGE
EDUCATION
ADOLESCENT GIRLS
World Bank
Sierra Leone Economic Update, June 2020 : The Power of Investing in Girls
geographic_facet Africa
Sierra Leone
description Sierra Leone, like many countries in the world, is now facing the dire human and economic impacts of the COVID-19 (Coronavirus) pandemic. Prior to the COVID-19 (Coronavirus) crisis, Sierra Leone was one of the fastest growing countries in Africa. However, growth prospects have been severely undermined since the COVID-19 (Coronavirus) outbreak. The COVID-19 (Coronavirus) crisis, like the 2014–2015 Ebola epidemic, is likely to damage adolescent girls’ education prospects and their human capital potentials as the prevalence of child marriage and early childbearing as well as the risk of girls dropping out of school are all exacerbated during crises. This update comprises the economic outlook for Sierra Leone and a special chapter on educating girls. First part discusses recent economic developments, the impact of COVID-19 (Coronavirus) on the economy and the growth prospects under different scenarios regarding the spread of COVID-19 (Coronavirus). It discusses the potential channels of transmission, provides estimates of spillovers, and emphasizes necessary policy responses. Second part of this update highlights the economic gains that could be achieved from ending child marriage and promoting girls’ education. It also discusses a range of measures that could be undertaken by the government following the recent decision to allow pregnant girls to stay in school or return to school.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Sierra Leone Economic Update, June 2020 : The Power of Investing in Girls
title_short Sierra Leone Economic Update, June 2020 : The Power of Investing in Girls
title_full Sierra Leone Economic Update, June 2020 : The Power of Investing in Girls
title_fullStr Sierra Leone Economic Update, June 2020 : The Power of Investing in Girls
title_full_unstemmed Sierra Leone Economic Update, June 2020 : The Power of Investing in Girls
title_sort sierra leone economic update, june 2020 : the power of investing in girls
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/131511593700755950/Sierra-Leone-Economic-Update-2020-The-Power-of-Investing-in-Girls
http://hdl.handle.net/10986/34313
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