Policy Briefs
African Eurobonds: why we should (not) worry?
Africa’s sovereign eurobonds passed the $100- billion milestone in end-March 2019, with more than half coming from the Sub-Saharan Africa (SSA) region excluding South Africa. With its 500 million euros ($567 million) debut eurobond of March 19, 2019, Benin has been alongside Ghana (which touted a $3 billion deal at the same date) one of the first countries from the region to tap international markets this year and the 21st country of the region to do so since 2006. Right from the beginning of the 21st century, the region has marked an impressive economic performance thanks to favorable commodity prices and notable improvements in its countries’ macroeconomic stances at the completion of the Heavily Indebted Poor Countries (HIPC) and... (Download). |
D. Cassimon |
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Assurance maladie à base communautaire pour les travailleurs de l’économie informelle : les défis de l’affiliation et du paiement de cotisations
La protection sociale existante dans les pays à revenu faible et intermédiaire n’est conçue qu’en fonction des travailleurs de l’économie formelle, excluant de fait ceux de l’économie informelle. Les réponses politiques à ce défi de couverture sont toutefois limitées par des contraintes fiscales et administratives. Dans ce contexte, une attention accrue est accordée au potentiel des mécanismes contributifs de protection sociale qui mobilisent des ressources provenant des travailleurs de l’économie informelle. Un bel exemple de ceux-ci est l’assurance maladie à base communautaire, qui représente un mécanisme d’extension de la protection sociale en matière de santé pour les travailleurs de l’économie informelle, rurale et urbaine. Alors que ces mécanismes continuent à se développement, ils doivent encore et toujours relever des défis majeurs liés à l’adhésion et à la perception des cotisations. Basée sur des données provenant d’études de cas réalisées au Sénégal et en Tanzanie, la présente note esquisse la manière dont les mécanismes d’assurance malade communautaire s’efforcent de surmonter ces défis et formule plusieurs recommandations à destination d’acteurs externes qui souhaitent appuyer le développement de mécanismes plus efficaces de protection sociale contributive. (Download). |
B. Verbrugge B. Fonteneau |
A. Adeline J. Van Ongevalle |
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Community-Based Health Insurance (CBHI): The Perils of Reaching Out to the Informal Economy
Social protection in low- and middle-income countries tends to focus one-sidedly on people in formal employment, while excluding informal workers. Policy responses to this coverage gap are constrained by fiscal and administrative challenges. In this context, there is growing attention for the potential of contributory social protection schemes that mobilize resources from within the informal economy. A prime example is community-based health insurance (CBHI), which is now a popular mechanism for extending social health protection to the informal and rural economy. At the same time, CBHI-schemes continue to face important challenges in relation to scheme uptake and premium collection. Relying on case study evidence from Senegal and Tanzania, this brief sketches how CBHI-schemes attempt to deal with these challenges, and makes a number of recommendations for external actors that wish to support the development of more effective systems of contributory social protection. (Download). |
B. Verbrugge |
A. Adeline J. Van Ongevalle |
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Towards redistributive social protection systems? Insights from Senegal and Morocco.
Social protection has come to feature more and more prominently on international and national development agendas. This quest for social protection in developing countries raises on important question: how can social protection act as an instrument for redistribution of wealth at the national level? The redistributive potential of a social protection mechanism will determine to a great extent its sustainability, ownership and impact on inequality, as well as its contribution to financing development. Assessing and enhancing this redistributive potential requires a multi-dimensional analysis and approach, encompassing political, technical, institutional and financial considerations. (Download). |
J. Van Ongevalle |
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