Regional Economic Outlook, October 2009: Sub-Saharan Africa

Other Publications

Recent Titles

Working Papers in full text
2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All

Country Reports in full text
2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All

Staff Discussion Notes in full text
2013 2012 2011 2010 2009 All

Technical Notes and Manuals in full text
2013 2012 2011 2010 2009 All

Regional Economic Outlook, October 2009: Sub-Saharan Africa - Weathering the Storm

Author/Editor:		International Monetary Fund. African Dept.
Electronic Access:		Link to Table of Contents
Electronic Access:		Free Full Text (PDF file size is 643KB) Use the free Adobe Acrobat Reader to view this PDF file.
Summary: Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October.

Order a print copy
Frequency:		Biannually
Notes:		Full text also available in French.

English

French


Academic Rate:	US$30.00
Please address any questions about this title to publications@imf.org.