Global Meeting on Population and the Generational Economy, August 2020
Presentation: Bakary Dosso, Advising ECOWAS countries for adoption of the NTAs for monitoring the progress towards the SDG and African Union 2063 Agenda
The Economic Community of West African States (ECOWAS) is a regional grouping comprised of the following 15 member States: Benin, Burkina Faso, Cabo Verde, Cote d’Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo. Geographical subgroups are Senegambia (Cabo Verde, Senegal, The Gambia, Guinea Bissau), Sahel (Burkina Faso, Mali, Niger), Mano River Union (Cote d’Ivoire, Guinea, Liberia, Sierra Leone) and Gulf of Guinea (Benin, Nigeria, Togo). ECOWAS main mandate is to promote cooperation and integration among its Member States, economic and political stability and to increase economic opportunities for its peoples as well as their level of well-being. ECOWAS is one of the building blocks of the African Union. As such, it has decided to implement the road map of the African Union to harness the demographic dividend through investments in youth. In this perspective, national demographic dividend observatories were implemented with the technical and financial support of partners and CREG. To push this agenda forward, the Centre for Demographic Dynamics for Development of the ECA (DDD) partners with CREG to produce two knowledge products: a framework for national Budgeting sensitive to Demographic Dividend and the ECOWAS NTA profile. Preliminary results of the work carried out indicate that the overall life cycle deficit of the region is US $ 413,5 Billions, or 28.6% of regional GDP (in purchasing power parity). However, there is substantial heterogeneity in terms of social demand between the countries, reflecting low social integration in the ECOWAS. The Senegambia subregion is the one with the lowest LCD in proportion to subregional GDP (17.2%) followed by the Sahel (17.4%), the MRU (23.4%), and the GG (30.4%). Also, the NTA/NTTA methodology makes it possible to consider the issues of vulnerability, poverty, youth and women empowerment which are present throughout the life cycle, and at the heart of the 2030 and 2063 agendas. This NTA methodology may offer harmonized indicators for monitoring progress towards the achievement of these agendas. ECA is therefore advocating for the effective adoption of the methodology by the ECOWAS Commission and its member States so that, like in South Korea, National Statistical Institutes will be capacitated to regularly produced national transfer accounts indicators.
File: NTA2020 Dosso
Paper: NTA2020 paper Dosso
Note this might be a power point, PDF, word file, a video (5 minutes or less), or other standard file.