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Regional Economic Outlook, April 2008, Sub-Saharan Africa

Regional Economic Outlook, April 2008, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 145
Release: 2008-04-14
Genre: Business & Economics
ISBN: 1589067118

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The region's prospects continue to be promising, but global developments pose increased risks to the outlook. Growth in sub-Saharan Africa should again average about 61⁄2 percent in 2008 with oil exporters leading the way; meanwhile, growth in oil importers is expected to taper off, though only modestly. With food and energy prices still rising, inflation is projected to average about 81⁄2 percent this year for countries in the region, setting aside Zimbabwe. Risks in 2008 are tilted to the downside, but the region is better placed today to withstand a worsening of the global environment.


Regional Economic Outlook, October 2008, Sub-Saharan Africa

Regional Economic Outlook, October 2008, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 99
Release: 2008-10-10
Genre: Business & Economics
ISBN: 1589067630

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Sub-Saharan Africa's prospects have deteriorated somewhat and the risks have increased, according to this report. Growth in the region is projected to dip to 6 percent in 2008 and 2009. The fall is due mainly to the global food and fuel price shock, which has weighed particularly on growth in oil-importing countries, and to the global financial market turmoil, which has slowed global growth and demand for Africa's exports. Inflation is expected to rise to 12 percent in 2008, mainly on account of the food and fuel price shock. As a result of rising prices, particularly of food, poverty may well be on the increase in 2008. In 2009, inflation should ease to 10 percent, helped by recent commodity price declines. There are significant risks to the outlook related to a potentially deeper and longer period of global financial turmoil and resulting slowdown in global activity, and substantial uncertainty concerning commodity prices.


Regional Economic Outlook, April 2021, Sub-Saharan Africa

Regional Economic Outlook, April 2021, Sub-Saharan Africa
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 34
Release: 2021-04-15
Genre: Business & Economics
ISBN: 1513575732

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Regional Economic Outlook, April 2021, Sub-Saharan Africa


Regional Economic Outlook, October 2008

Regional Economic Outlook, October 2008
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 99
Release: 2008-10-19
Genre: Business & Economics
ISBN: 1451946031

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Sub-Saharan Africa's prospects have deteriorated somewhat and the risks have increased, according to this report. Growth in the region is projected to dip to 6 percent in 2008 and 2009. The fall is due mainly to the global food and fuel price shock, which has weighed particularly on growth in oil-importing countries, and to the global financial market turmoil, which has slowed global growth and demand for Africa's exports. Inflation is expected to rise to 12 percent in 2008, mainly on account of the food and fuel price shock. As a result of rising prices, particularly of food, poverty may well be on the increase in 2008. In 2009, inflation should ease to 10 percent, helped by recent commodity price declines. There are significant risks to the outlook related to a potentially deeper and longer period of global financial turmoil and resulting slowdown in global activity, and substantial uncertainty concerning commodity prices.


Regional Economic Outlook, April 2012, Sub-Saharan Africa

Regional Economic Outlook, April 2012, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 137
Release: 2012-05-14
Genre: Business & Economics
ISBN: 1475578555

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Sub-Saharan Africa continues to record strong economic growth, despite the weaker global economic environment. Regional output rose by 5 percent in 2011, with growth set to increase slightly in 2012, helped by still-strong commodity prices, new resource exploitation, and the improved domestic conditions that have underpinned several years of solid trend growth in the region's low-income countries. But there is variation in performance across the region, with output in middle-income countries tracking more closely the global slowdown and with some sub-regions adversely affected, at least temporarily, by drought. Threats to the outlook include the risk of intensified financial stresses in the euro area spilling over into a further slowing of the global economy and the possibility of an oil price surge triggered by rising geopolitical tensions.


Regional Economic Outlook, April 2019, Sub-Saharan Africa

Regional Economic Outlook, April 2019, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 69
Release: 2019-04-12
Genre: Business & Economics
ISBN: 1484396863

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The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018. This weaker outlook reflects domestic and external challenges. On the external side, the global expansion is losing momentum, including in China and the euro area, trade tensions remain elevated, global financial conditions have tightened, and commodity prices are expected to remain low. On the domestic front, security challenges, climate shocks, and policy uncertainty are hampering investment and weighing on economic prospects in several countries. Under current policies, medium-term average growth for the region is expected to continue to fall well short of what is needed to absorb the new entrants to the labor force and to deliver limited gains in living standards.


Regional Economic Outlook, April 2009, Sub-Sarahan Africa

Regional Economic Outlook, April 2009, Sub-Sarahan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 108
Release: 2009-04-24
Genre: Business & Economics
ISBN: 1589068386

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Prepared by the IMF African Department, and published twice a year in English and French, Regional Economic Outlook: Sub-Saharan Africa analyzes the macroeconomic performance and short-term prospects of sub-Saharan Africa and provides and in-depth analysis of selected topics. The April 2009 Outlook includes two chapters: one on the macroeconomic impact of the global financial crisis on sub-Saharan Africa, and the other on the impact of the crisis on financial systems in the region. Detailed country data are provided in a statistical appendix.


Global Economic Crisis

Global Economic Crisis
Author: Alexis Arieff
Publisher: DIANE Publishing
Total Pages: 34
Release: 2010-08
Genre: History
ISBN: 1437932789

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Sub-Saharan Africa has been strongly affected by the global recession, despite initial optimism that the global financial system would have few spillover effects on the continent. Contents of this report: (1) Recent Develop.; (2) Congressional Interest; (3) African Economies; Trends Prior to the Crisis; Develop. Challenges; (4) How the Crisis is Affecting Africa: Internat. Trade: Trade with the U.S., and with China; Capital Flows: Migrant Remittances; Foreign Aid; (5) Implications of the Crisis in Africa; Sub-Regional Variations; Fiscal and Trade Balances; Poverty Reduction; Food Security; Political Stability; (6) Internat. Efforts to Address the Impact of the Crisis on Africa; Developed Countries; Internat. Financial Inst.; World Bank; ADB; IMF; African Gov¿ts.


Regional Economic Outlook, April 2015, Sub-Saharan Africa

Regional Economic Outlook, April 2015, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 121
Release: 2015-04-28
Genre: Social Science
ISBN: 1475595395

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The sharp decline in oil and other commodity prices have adversely impacted sub-Saharan Africa. Nevertheless, the region is projected to register another year of solid economic performance. In South Africa, however, growth is expected to remain lackluster, while in Guinea, Liberia, and Sierra Leone the Ebola outbreak continues to exact a heavy economic and social toll. This report also considers how sub-Saharan Africa can harness the demographic dividend from an unprecedented increase in the working age population, as well as the strength of the region's integration into global value chains.


Regional Economic Outlook, April 2011, Sub-Saharan Africa

Regional Economic Outlook, April 2011, Sub-Saharan Africa
Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
Total Pages: 122
Release: 2011-05-03
Genre: Business & Economics
ISBN: 161635061X

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Sub-Saharan Africa's economic recovery is well under way, although among country groups there is variation in the speed of the recovery. In most of the region's low-income countries and among the seven oil exporters growth is almost back to precrisis levels. However, in the region's middle-income countries, including South Africa, the recovery has been more gradual. This Regional Economic Outlook describes the impact of recent economic developments---sharp increases in food and fuel prices will need fiscal interventions targeting the poor, while higher oil prices will be a boon to some countries and adversely affect others. Policy adjustments are needed to move away from the supportive stance of the last few years but should be balanced against the need to alleviate the impact of rising food prices on poor households.