Despite showing signs of stabilization in 2022, the Afghan economy faces dire challenges as the country enters its third year under Taliban rule. With declining international aid and other economic shocks, even modest progress could evaporate at great harm to the Afghan people. The ongoing humanitarian crisis, already one of the worst in the world, particularly affects women and girls and could easily get worse. 

It is under these precarious conditions that the World Bank has published two new reports: the latest “Afghanistan Development Update” and the third round of its ongoing “Afghanistan Welfare Monitoring Survey.” These reports lay out the country’s current economic context and its trends in welfare and poverty, underlining the severe problems facing the Afghan people.
 
On November 8, USIP and the World Bank hosted a conversation with two of the reports’ authors as well as leading experts on Afghanistan’s economy. The discussion looked at the reports’ policy implications, such as the country’s economic outlook, how the international community should respond, and what the Taliban can do to ameliorate the economic downturn and humanitarian crisis.

Speakers

Scott Worden, welcoming remarks
Director, Afghanistan and Central Asia Programs, U.S. Institute of Peace

Eduardo Olaberria, opening remarks
Program Leader, Equitable Growth, Finance and Institutions for Afghanistan, The World Bank 

Silvia Redaelli 
Senior Economist, The World Bank 

Muhammad Waheed
Senior Country Economist, The World Bank

Khalid Payenda 
Director and Cofounder, Institute for Development and Economic Affairs 

Paul Fishstein 
Non-resident Fellow, Center on International Cooperation, New York University

Naheed Sarabi
Director and Cofounder, Institute for Development and Economic Affairs 

Bill Byrd, moderator
Senior Expert, Afghanistan, U.S Institute of Peace

Related Publications

How Afghanistan’s Economy Can Survive Shrinking Shipments of U.N. Cash Aid

How Afghanistan’s Economy Can Survive Shrinking Shipments of U.N. Cash Aid

Thursday, November 14, 2024

Afghanistan’s precarious economy is facing a new set of multidimensional risks as humanitarian aid — delivered in massive shipments of U.S. cash dollars — shrinks rapidly amid competing demands from other crises around the world. The dollar inflows, moved under U.N. auspices, have helped stabilize the Afghan economy, cover its mammoth trade deficit, and inject monetary liquidity into commerce. With much smaller cash infusions, in line with a general reduction in aid, the suffering of Afghanistan’s poverty-stricken population is likely to increase.

Type: Analysis

EconomicsGlobal Policy

Where is Afghanistan Three Years into Taliban Rule?

Where is Afghanistan Three Years into Taliban Rule?

Thursday, September 19, 2024

Lacking formal recognition from all member states, the Taliban will not be present at the U.N. General Assembly next week. Their absence speaks volumes about how the international community struggles to constrain a regime that has repeatedly defied U.N. treaties, sanctions and Security Council resolutions. Three years into Taliban rule, the Afghan people are beset by a host of human rights, economic and humanitarian challenges, with women and girls particularly impacted. Meanwhile, the international community still has no clear approach to dealing with the Taliban, with the regime rejecting a U.N. Security Council resolution calling for a special envoy to develop a roadmap for normalizing Afghanistan’s relations with the international community.

Type: Question and Answer

EconomicsGenderGlobal PolicyHuman Rights

What an ICC Case on Mali Means for Prosecuting Taliban Gender Crimes

What an ICC Case on Mali Means for Prosecuting Taliban Gender Crimes

Wednesday, September 18, 2024

Since the Taliban took power in August 2021, the situation for Afghan women and girls has dramatically deteriorated. Yet there has been little international action, as many in the international community lament the lack of legal, and other, avenues to hold the Taliban accountable for these draconian measures. However, a recent case at the International Criminal Court (ICC) may provide a legal roadmap to prosecute the Taliban.

Type: Analysis

GenderHuman RightsJustice, Security & Rule of Law

View All Publications