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Record W4320502772 · doi:10.4236/ojbm.2023.112023

The Economic Impact of COVID-19 on Africa and the Countermeasures

2023· article· en· W4320502772 on OpenAlexaboutno aff
Seko Baga Bio Maro Bio Sia, Kyalisiima Prisca, Kihumuro Jotham, Chunming Zhao, Gandaho Hermane, Pius Babuna

Bibliographic record

VenueOpen Journal of Business and Management · 2023
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicCOVID-19 Pandemic Impacts
Canadian institutionsnot available
Fundersnot available
KeywordsPopulationEconomic impact analysisGross domestic productPandemicQuarter (Canadian coin)EconomicsCoronavirus disease 2019 (COVID-19)BusinessGeographyDevelopment economicsEconomic growthDemography

Abstract

fetched live from OpenAlex

The beginning of 2020 saw an outbreak of a deadly coronavirus disease. Eco- nomies and industries worldwide reported downward economic growth due to the closure of industries, airlines, shops, and markets. Africa has also been hard-hit by the effects of the global pandemic. Though some economies have bounced, many countries are yet to recover. The study assessed the economic losses to Africa from the impact of COVID-19. Journal publications, data from the World Bank, IMF, and the International Trade Centre were reviewed, organized, analyzed, and presented in a typical research environment that required modern statistical exploration techniques. We used PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) guidelines (S1 Checklist) to conduct the review. Manuscripts that evaluated the impact of pandemics on the African economy passed the eligibility criteria. The search strategy was defined based on the PECOS format as follows: Population (P): Humans diagnosed with COVID-19; Exposition (E): Impacts on the different sections of economy (C): Without comparison; Outcome (O): Economic down- town in Africa as results of COVID-19 (S): review studies, analysis or discussion, case reports, case series. We then used basic descriptive statics employing excel and Matlab to analyze economic indicator data and compare previous and current year’s performances. The results show that the various economic indicators in Africa have suffered a downward decline. Textile, gold, and petroleum industries declined in production by almost a quarter of previous production performance. High economic fluctuations were recorded, and the debt to GDP ratio widened in all African countries. The downward trend continued into 2020, but a debounce is expected in 2021. This study systematically assessed the COVID-19’s impact on the economy of Africa by comparing economic indicators before and during the pandemic. Our study indicates that major economic indicators of the continent have declined in growth. The study also revealed that the impact of the pandemic on Africa’s major trading partners, including the USA, Europe, and China, has further exacerbated the problem. However, responses from various countries have slowed down the pandemic spread, and 2021 looks good with an expected bounce back in Africa’s economy. Governments should continue to observe safety protocols as much as possible and embark on nationwide vaccinations to return to typical situations.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.026
metaresearch head score (Gemma)0.092
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.026
Threshold uncertainty score0.136

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0260.092
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0040.004
Bibliometrics0.0100.010
Science and technology studies0.0010.001
Scholarly communication0.0050.004
Open science0.0010.002
Research integrity0.0020.002
Insufficient payload (model declined to judge)0.0080.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.074
GPT teacher head0.307
Teacher spread0.232 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations8
Published2023
Admission routes1
Has abstractyes

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