Sierra Leone : Sierra Leone: Selected Issues

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

July 21, 2016

Electronic Access:

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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.

Series:

Country Report No. 16/237

Subject:

English

Publication Date:

July 21, 2016

ISBN/ISSN:

9781498369824/1934-7685

Stock No:

1SLEEA2016002

Format:

Paper

Pages:

41

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