Uncertainty Shocks in Africa: Impact and Equilibrium Strategies for Sound Economic and Social Development

The book explores how African countries dealt with the pandemic and its impact on different economies and social structures. It emphasizes the need for sustainable solutions and robust economies to build a more resilient Africa. The authors evaluate theories of impact shocks using a sustainable growth and change model and discuss key topics such as economic recovery, sustainable economies, social practices during a crisis, and community robustness. The book integrates an interdisciplinary approach to understanding the crisis and reducing future shocks, and aims to help piece together solutions for preparedness, sound development, and a united and resilient Pan-Africanism.

Format: Hardback
Length: 231 pages
Publication date: 04 February 2023
Publisher: Springer International Publishing AG

This comprehensive book delves into the intricate ways in which African countries grappled with the COVID-19 pandemic, examining its far-reaching effects on various economic and social aspects. By closely observing the interplay between human activities and the environment, particularly the detrimental impact of population growth and urbanization on nature, the book highlights a pivotal moment for Africa as it navigates towards sustainable development. Moreover, it contributes to the growing body of knowledge on building a more robust and resilient Africa, seamlessly integrating sustainable solutions with thriving economies.

Commonsense social strategies are intertwined with measurable responses to the shocked economies, encompassing both immediate and long-term reactions. Uncertainty shocks, in this context, interrelate through an overarching umbrella effect. The authors employ a sustainable growth and change model to evaluate various theories of impact shocks.

Furthermore, the book addresses key topics such as developing sustainable economies post-COVID-19, understanding social practices during crises, and enhancing community resilience through shock events. By adopting an interdisciplinary approach, the book aims to provide comprehensive solutions for mitigating the COVID-19 crisis and reducing future shocks to the African continent. It raises essential questions that transcend the realms of economics and sociology, encompassing policymakers and ordinary individuals alike.

The purpose of this book is to foster preparedness, deepen understanding of sound development, and cultivate a unified and resilient Pan-Africanism to effectively handle future shock events. Through its insightful analysis and practical recommendations, the book offers valuable insights for policymakers, activists, and citizens seeking to build a more sustainable and prosperous future for Africa.

Weight: 553g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031218842
Edition number: 1st ed. 2023