Sub-Saharan Africa

Page: 3 of 5 1 2 3 4 5

2014

April 24, 2014

Regional Economic Outlook: Sub-Saharan Africa - Fostering Durable and Inclusive Growth, April 2014 -- Table of Contents

Description: IMF Regional Economic Outlook: Fostering Durable and Inclusive Growth, April 2014 -- Table of Contents

2013

October 31, 2013

Regional Economic Outlook: Sub-Saharan Africa - Keeping the Pace, October 2013 -- Table of Contents

Description: IMF Regional Economic Outlook: Keeping the Pace, October 2013 -- Table of Contents

May 10, 2013

Regional Economic Outlook: Sub-Saharan Africa - Building Momentum in a Multi-Speed World, May 2013 -- Table of Contents

Description: IMF Regional Economic Outlook: Building Momentum in a Multi-Speed World, May 2013 -- Table of Contents

2012

October 12, 2012

Regional Economic Outlook: Sub-Saharan Africa - Maintaining Growth in an Uncertain World, October 2012 -- Table of Contents

Description: IMF Regional Economic Outlook: Sub-Saharan Africa - October 2012 -- Table of Contents

April 25, 2012

Regional Economic Outlook: Sub-Saharan Africa - Sustaining Growth amid Global Uncertainty, April 2012 -- Table of Contents

Description: IMF Regional Economic Outlook: Sub-Saharan Africa - April 2012 -- Table of Contents

2011

October 19, 2011

Regional Economic Outlook: Sub-Saharan Africa - Sustaining the Expansion, October 2011 -- Table of Contents

Description: IMF Regional Economic Outlook: Sub-Saharan Africa - October 2011 -- Table of Contents

May 3, 2011

Regional Economic Outlook: Sub-Saharan Africa, April 2011 -- Table of Contents

Description: 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.

2010

October 25, 2010

Regional Economic Outlook: Sub-Saharan Africa, October 2010 -- Resilience and Risks

Description: The October 2010 Regional Economic Outlook features: (i) an overview of economic developments and prospects in sub-Saharan Africa; (ii) an analytical assessment of how monetary policy changes are transmitted through the region’s economies; and (iii) a study of why growth rates in the West African Economic and Monetary Union (WAEMU) have lagged behind other parts of sub-Saharan Africa. The overview highlights the broad-based economic recovery that is now under way in sub-Saharan Africa and projects growth of 5 percent in 2010 and 5½ percent in 2011. It explores the resilience of most economies in the region to the global financial crises of 2007-09 and explains why sound economic policy implementation and a growing orientation of trade toward Emerging Asia are expected to continue to underpin growth. The second chapter provides evidence suggesting that monetary policy may have more power to influence monetary conditions than previously assumed. Main messages from the WAEMU study are the importance of strong policy environments and political stability for achieving sustained growth; and of robust fiscal frameworks for directing resources towards priority spending needs.

April 23, 2010

Regional Economic Outlook: Sub-Saharan Africa, April 2010 -- Table of Contents

Description: The economic slowdown in sub-Saharan Africa looks set to be mercifully brief. Recovery is now under way across the region. The region’s relative resilience during this global recession, compared with previous global downturns, owes much to the health of its economies and the strengthening of policy frameworks in the run-up to the crisis. Countercyclical macroeconomic policies played an important role, with nearly two-thirds of those sub-Saharan Africa countries that experienced a slowdown in 2009 increasing government spending to buttress economic activity. However, progress toward the Millennium Development Goals receded. Middle-income and oil-exporting countries were hit hardest by the collapse in world trade and commodity markets; the region’s low-income countries escaped fairly lightly. Looking ahead, fiscal policies in sub-Saharan Africa generally need to be refocused toward medium-term objectives, macroeconomic policy buffers rebuilt, and financial systems strengthened. Published biannually in May and October.

2009

April 24, 2009

Regional Economic Outlook: Sub-Saharan Africa, April 2009 -- Table of Contents

Description: The global financial crisis has worsened significantly the economic outlook for sub-Saharan Africa. Demand for African exports and commodity export prices have fallen, and remittance flows may be weakening. Tighter global credit and investor risk aversion have led to a reversal of portfolio inflows, less favorable conditions for trade finance, and could lower foreign direct investment. As a result, growth has started to slow markedly and fiscal and balance of payments pressures are mounting. Risks remain high and the prospects for recovery remain uncertain. Financial systems in the region have so far been resilient to the global crisis, but the economic slowdown is likely to increase credit risk and nonperforming loans and weaken financial institutions’ balance sheets. Sub-Saharan African countries should seek to contain the adverse impact of the crisis on economic growth and poverty, while preserving important hard-won gains of recent years, including macroeconomic stability and debt sustainability.

Page: 3 of 5 1 2 3 4 5