IMF Regional Economic Outlook: Sub-Saharan Africa, October 2016
Sub-Saharan Africa, October 25, 2016
Source details
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- IMF Regional Economic Outlook: Sub-Saharan Africa, October 2016
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Bibliographic details
- Published: October 25, 2016
- Series: Sub-Saharan Africa
Overview
- Economic growth in sub-Saharan Africa in 2016 "is set to drop to its lowest level in more than 20 years," reflecting the adverse external environment and a lackluster policy response in many countries.
- The region displays "multispeed growth": most non-resource-intensive countries—"half of the countries in the region"—continue to perform well, while most commodity exporters face severe economic strains.
- Oil exporters' near-term prospects "have worsened significantly in recent months."
- The report emphasizes that "policy adjustment in the hardest-hit countries needs to be enacted promptly to allow for a growth rebound."
Major findings and thematic chapters
- Chapter 1: "Multispeed Growth"
- Sections include: Still an Overall Difficult Environment; A Tale of Two Africas; In Search of Financing; Delayed Policy Adjustment; Protracted Lower Growth, Rising Risks.
- Chapter 2: "Exchange Rate Regimes in Sub-Saharan Africa: Experiences and Lessons"
- Sections include: Evolution of Exchange Rate Regimes in Sub-Saharan Africa; Macroeconomic Performance Under Alternative Regimes; Exchange Rate Regimes and Fiscal Discipline; Policy Considerations and Concluding Remarks.
- Chapter 3: "Enhancing Resilience to Natural Disasters in Sub-Saharan Africa"
- Sections include: Natural Disasters in Sub-Saharan Africa; Structural Factors Affecting the Impact of Natural Disasters; The Economic and Social Impacts of Natural Disasters; The Challenges Posed by Climate Change; Policy Responses to Natural Disasters and Climate Change; Conclusions.
Key statistics and data notes
- The data and projections presented in this Regional Economic Outlook are "IMF staff estimates as of 21 September, 2016," consistent with the projections underlying the October 2016 World Economic Outlook.
- The data and projections cover "45 sub-Saharan African countries in the IMF’s African Department."
- "Data definitions follow established international statistical methodologies to the extent possible," but "in some cases, data limitations limit comparability across countries."
Policy implications and recommendations (from report framing)
- Prompt policy adjustment is required in the hardest-hit (primarily commodity-exporting) countries to enable a growth rebound.
- Strengthening macroeconomic policies and securing financing are central themes for addressing the region's protracted lower growth and rising risks.
- Enhancing resilience to natural disasters and addressing challenges posed by climate change are key policy priorities highlighted in the regional analysis.
IMF Regional Economic Outlook: Sub-Saharan Africa, October 2016
Content in this bundle
- sreo1016c — 第一章 经济增速不一
- Sub-Saharan Africa
- Sreo1016f
- Abbreviations1016pdf
- Acknowledgments1016pdf
- Chapter11016pdf
- Chapter21016pdf
- Chapter31016pdf
- Executive1016pdf
- Publications1016pdf
- Sreo1016
- Regional Economic Outlook: Sub‑Saharan Africa
- Stats1016pdf
References
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- News: Sub-Saharan Africa: Policy Adjustment Way Out of Growth Slump
- Podcast: Sub-Saharan Africa Growth Lowest in 20 Years
- Press Release: IMF Calls for Prompt Policy Action to Secure a Rebound in Growth
- Regional Economic Outlook (April 2016): Sub-Saharan Africa: Time for a Policy Reset
- IMF Data Portal
- [IMF Data Mapper® v3
Plot, compare and import data](https://www.imf.org/external/datamapper/datasets/AFRREO)