Access to Finance and Financial Inclusion in Somalia
This policy brief summarizes the assessment, findings and recommendations of a study conducted by the National Economic Council (NEC) Advisors, and associated scholar
Publications
Domestic Revenue Mobilization and Institutional Development
Somalia’s domestic Revenue Mobilization (DRM) strategy intends to mobilize domestic resources to finance inclusive growth and sustainable development as defined in the Somali Growth and Economic Transformation Strategy – Vision 2050. It seeks a sustainable and inclusive growth strategy in resource mobilization to guard against national vulnerability, and the unpredictability of donor funding. In addition, …
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Macroeconomic Policies for Growth & Transformation in Somalia
The study is part of a comprehensive research program for Growth and Economic Transformation Strategy (GETS) in Somalia
Policy Brief on COVID 19 impact
Somalia has faced severe challenges of conflict and fragility, characterized by economic failure and social and political instability. Somalia is one of the poorest countries in the world, with high rates of extreme poverty, continuous food insecurity, significant unemployment, and poor global econom0ic performance across SDGs indicators. The country’s GDP growth rate was 2% in …
Somalia Vision for Private Sector
The study is supported by the results of a rapid firm level survey, providing qualitative insight on issues such as access to financial markets, power, corruption and trade, from which the authors can understand how the private sector views the ‘risks’ and ‘rewards’ framework in Somalia, and importantly, how public private dialogue can be improved. …
Cooperative Fiscal Federalism in Somalia
This policy brief summarizes the assessment, findings and recommendations of a study conducted by the National Economic Council (NEC) Advisors, and associated scholars, so as to contribute to the promotion of cooperative fiscal federalism in Somalia. In particular, the brief focuses on the building blocks and operational aspects of fiscal federalism and its essential applications …
Assessing State of Corruption and Anti-Corruption Strategy in Somalia
The assessment focuses on analyzing the corruption perceptions indices, how they are compiled and how they place Somalia in comparison to Somalia’s regional neighbors and within the global context.
Regional Cooperation for Stability and Development in the Horn of Africa
An assessment of cooperation for development and stability in the Horn of Africa (HoA) countries of Djibouti, Eritrea, Ethiopia and Somalia was undertaken to document the state of economic and social performance of the sub region, and the rationale for intensifying cooperation in trade, investment, and economic integration. Since early 2018, there has been strong …
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Somalia Vision for Private Sector Development
The paper covers macroeconomic policies and regulations, institutional capacities, and micro aspects and firm levels performance. It pushes the idea that private sector expansion cannot happen in a vacuum, and instead underscores the importance of improving the foundations for growth that are essential for an expansion in private capital. For example, should the new US$ …
Assessing the state of corruption and national anti-corruption strategy in Somalia
This report presents the findings of the assessment of the state of corruption in Somalia and the proposed Draft National Anticorruption Strategy to fight and prevent corruption. The goal of the study was to produce an evidence base concerning corruption risks and prevention and mitigation measures to the introduction of anti-corruption measures to fight corruption. …
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