logo
episode-header-image
Nov 2019
16m 6s

Somalia's Recovery and the Power of a So...

IMF PODCASTS
About this episode

Somalia is one of the world's most conflict-affected states. Many countries around the world suffer from weak governing institutions, but Somalia was without a functional central government for 20 years. In this podcast, Somalia's Finance Minister, Abdirahman Duale Beileh, says while elections in 2012 have since helped reestablish some of the institutions that bind the country's disparate communities, the road to recovery remains a steep climb. Duale Beileh is also a distinguished artist and songwriter, and we hear his latest song about students struggling to get an education amid violence and social destruction. Abdirahman Duale Beileh was in Washington for the 2019 IMF-World Bank Annual Meetings.  

You'll find the webcast of Dr. Beileh's presentation about Effective Engagement in Fragile States at IMF.org.

Link to his song Heestii Dalkani Gurmad Buu Raba

Up next
Oct 2
Where Startups Do Roam: Swati Bhatt
The US is a breeding ground for startups, and California has been the center of that universe since the dot-com boom in the late 1990s. But rising costs, tighter quarters, and increasing bureaucracy have many tech innovators seeking greener pastures, well beyond Silicon Valley. P ... Show More
16m 48s
Sep 30
Chady El Khoury on the Virtual Reality of Financial Crime
While countries came together in the late 80s to fight money laundering and the financing of terrorism, technology and the advent of virtual currencies have further complicated the tracking of illicit financial flows across borders. Over $51 billion in cryptocurrency was used by ... Show More
23m 30s
Sep 17
Danny Quah on Rethinking Multilateralism
Bringing nations together to maintain peace and security and raise living standards for all seemed a utopian idea in the early 20th century. Still, geopolitics, economics and vision by world leaders eventually came together to make it a reality. But what happens when the great po ... Show More
26m 52s
Recommended Episodes
Jan 2022
Somalia in the face of famine
Famine is a slow-moving disaster and when it is declared, people are typically dying of starvation already. It is too late to save every life. Much of Somalia is facing its third dry season which is bad news for crops, animals, and people. Famine could arrive as soon as March. Th ... Show More
22m 34s
Feb 2024
Why is it so hard to find a job in Somalia?
“When I wake up every morning my work is only to find work, yet I have not heard from any employer for the last six months,” says Abdullahi Mohammed, a young Somali graduate. He has a degree in Information Technology, a master’s in Development Studies from the UK, and has some sh ... Show More
20m 34s
Nov 2022
Is it too late to avoid famine in Somalia?
Somalia is in a state of drought following four failed rainy seasons, and a fifth predicted, with aid agencies declaring the country is in a state of famine. Despite this, the government has yet to declare a famine, insisting that certain thresholds have yet to be met. Instead, S ... Show More
24m 24s
Jan 2024
Why is Somalia so concerned about a sea port agreement?
"I don't think the Somali government is interested in a fist fight with Ethiopia."A diplomatic row broke out this week in response to a deal between Ethiopia and Somaliland allowing landlocked Ethiopia access to Somaliland’s coastline. Somalia described the agreement as an act of ... Show More
16m 44s
Mar 2024
Somalia is a Surprisingly Functional Anarchy
Head to https://factormeals.com/eep50 and use code eep50 to get 50% off. In this video we delve into Somalia's perilous economic situation after the government collapse in 1991, and reform in 2012. How are international relations, is there potential for recovery, and what lessons ... Show More
16m 52s
Oct 2023
Are the IMF and World Bank good or bad for Africa?
Since the second world war, the International Monetary Fund (IMF) and the World Bank have attempted to help countries in financial difficulties by providing low interest loans. This week the two Bretton Woods institutions have been holding their annual meetings in the Moroccan to ... Show More
18m 15s
Nov 2022
Is power sharing a good system of governance for Africa?
In 2009, Morgan Tsvangirai was inaugurated as Zimbabwe’s Prime Minister, following a controversial election. Robert Mugabe remained president. Their parties, the MDC and Zanu-PF formed what came to be known as the Government of National Unity. Although it brought a sense of stabi ... Show More
16m 37s