Sierra Leone: Sierra Leone: Selected Issues

July 21, 2016

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Format: Chicago

Sierra Leone: Sierra Leone: Selected Issues, (USA: International Monetary Fund, 2016) accessed September 20, 2024

Summary

This Selected Issues paper aims to measure the impact of the Ebola virus disease (EVD) epidemic on economic growth in Sierra Leone. A novel empirical approach is used, which is based on a Difference in Differences setup, called the Synthetic Control Method. The model suggests that EVD had a severe impact on growth. In 2014, the first year EVD hit the country, the impact on real growth excluding iron ore is estimated to be more than 5 percentage points. It is suggested that in outer years, the severity of the impact will lessen, and growth will converge to its normal path by 2018.

Subject: Contingent liabilities, Ebola, Export diversification, Exports, Fiscal risks, Health, International trade, Public financial management (PFM)

Keywords: Contingent liabilities, CR, Diversification, Ebola, Estimate, EVD epidemic, Export, Export destination, Export diversification, Exports, Fiscal risks, Global, Growth path, IMF diversification toolkit, Iron ore export, ISCR, Sub-Saharan Africa

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/237
Stock No:

1SLEEA2016002
ISBN:

9781498369824
ISSN:

1934-7685

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