## Regional Economic Outlook: Sub-Saharan Africa - Staying the Course, October 2014 -- Table of Contents

_Sub-Saharan Africa, October 20, 2014_

## Source details

**Canonical URL:** [Regional Economic Outlook: Sub-Saharan Africa - Staying the Course, October 2014 -- Table of Contents](https://www.imf.org/en/publications/reo/ssa/issues/2017/02/01/staying-the-course)

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- [Markdown version](/en/publications/reo/ssa/issues/2017/02/01/staying-the-course/index.md)
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## Bibliographic details
- Published: October 20, 2014
- Series: Sub-Saharan Africa

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### Overview and Executive Findings
- The October 2014 Regional Economic Outlook: Sub-Saharan Africa anticipates continued strong growth in much of Sub-Saharan Africa, driven by efforts to invest in infrastructure and by strong agricultural production.
- The current Ebola outbreak in Guinea, Liberia, and Sierra Leone is exacting a heavy toll, with spillovers to neighboring countries.
- External threats to the region's overall positive outlook include global financial conditions and a slowdown in emerging market growth.
- Other focal topics: building resilience in fragile states and addressing the infrastructure deficit.

### Report Structure and Major Chapters
- Abbreviations
- Acknowledgements
- Executive Summary
- 1. Staying the Course
  - Introduction and Summary
  - Will Stronger Global Ties Continue to Support Growth?
  - Public Debt: Vulnerabilities in Some Countries
  - The Outlook: Strong Prospects, but Downside Risks
- 2. Building Resilience in Fragile States in Sub-Saharan Africa
  - Introduction
  - The Analytics of Fragility
  - Factors and Policies Associated with Building Resilience
  - Case Studies
  - The Way Forward
- 3. Addressing the Infrastructure Deficit in Sub-Saharan Africa
  - Stylized Facts: The Current Status of Sub-Saharan Africa’s Infrastructure
  - The Financing of Infrastructure in Sub-Saharan Africa: A Broad Overview
  - The Way Forward: Policies to Reduce the Infrastructure Deficit
  - Conclusions
- Statistical Appendix
- References
- Publications of the IMF African Department, 2009–14

### Boxes (selected)
- 1.1. Comparing the Cost of Sovereign Bond Issuance in Domestic and Foreign Currencies
- 1.2. More Diversification than Previously Thought? Examples from Recent National Account Rebasing
- 2.1. Gauging Fragility in Sub-Saharan Africa
- 2.2. Logit Framework
- 3.1. Regional Infrastructure
- 3.2. Financial Contracts to Facilitate Infrastructure Investments
- 3.3. Role of Multidonor Budget Support and Donors in Leveraging Private Capital
- 3.4. New Infrastructure Financing Initiatives

### Tables (selected)
- Sub-Saharan Africa: Real GDP Growth
- Sub-Saharan Africa: Other Macroeconomic Indicators
- Average Change in CPIA Scores by Country Groups
- Sub-Saharan Africa: Social Indicators
- Strengths and Weaknesses of Infrastructure Financing Modalities

### Figures and Key Data Visualizations
- Chapter 1 figures include:
  - World GDP Growth and Sub-Saharan Africa Export Growth
  - Sub-Saharan Africa: Exports by Partner
  - 1.3. World Export Interconnectedness, 2000 and 2013
  - 1.4. Current Account Balances and Investment, 2010–13
  - 1.5. Selected Economies: Change in Sovereign Spreads since May 2013 and Fiscal Balance over 2013–14
  - 1.6. Sub-Saharan Africa: Outstanding International Sovereign Bonds for Markets Access Economies
  - 1.7. Sub-Saharan Africa: GDP Growth Synchronization: 1990–2013
  - 1.8. Sub-Saharan Africa: Transmission of Shocks from Advanced and Emerging Economies
  - 1.9. Sub-Saharan Africa: Gross External Financing, Average 2012–13
  - 1.10. Sub-Saharan African Selected Countries: Currency Depreciation and Inflation Between end-April 2013 and end-July 2014
  - 1.11. Sub-Saharan Africa: Public Sector Debt, 2004–13
  - 1.12. Sub-Saharan Africa: Contribution to Public Sector Debt Accumulation, 2011–13
  - 1.13. Sub-Saharan Africa: Overall Fiscal Balance, 2004–13
  - 1.14. Market Access Countries: Overall Fiscal Balance, 2011 versus 2013
  - 1.15. Selected Sub-Saharan African Countries: Largest Negative Fiscal Balance Deviation from Projection, 2013
  - 1.16. Sub-Saharan Africa: Change in Primary Fiscal Balance and Capital Expenditure, 2013
  - 1.17. Sub-Saharan Africa: Average Grant Element, 2001–12
  - 1.18. Sub-Saharan Africa: Impact on GDP Level from External Shocks
- Chapter 2 figures include:
  - Macroeconomic Indicators
  - 2.3. Average Growth Volatility in Real GDP per Capita: 1990s versus 2000s
  - 2.4. Sub-Saharan Africa: Real GDP per Capita Growth Acceleration and Deceleration, 1990–2011
  - 2.5. Sub-Saharan Africa: Fiscal Institutions and Policy Space
  - 2.6. Sub-Saharan African Fragile States: Fiscal Space Indicators
  - 2.7. Sub-Saharan African Fragile States: Social Indicators
  - 2.8. Overall CPIA Scores
  - 2.9. Factors in Building Resilience
  - 2.10. Political Stability, 1996–2011
  - 2.11. CPIA Public Sector Management and Institutions Cluster, 2005–13
  - 2.12. Government Revenue, 1990–2013
  - 2.13. Control of Corruption, 1998–2012
  - 2.14. Rule of Law, 1998–2012
  - 2.15. Real GDP per Capita
- Chapter 3 figures include:
  - Sub-Saharan Africa: Levels of Infrastructure Development, 2000 and 2010
  - Sub-Saharan Africa: Sectoral Infrastructure Developments
  - Emerging and Developing Economies: Purchasing Power Parity GDP per Capita versus Quality of Infrastructure, 2013
  - Sub-Saharan Africa: Rank of Deviations of World Economic Forum Scores, 2013
  - 3.5. Sub-Saharan Africa: Public Infrastructure and External Financing Sources, 2007 and 2012
  - 3.6. Sub-Saharan Africa: Private Participation in Infrastructure Investment by Country, 1995–2012
  - 3.7. Sub-Saharan Africa: New Syndicated and Large Bilateral Loans for Infrastructure by Lender Nationality, 2006–13
  - 3.8. Sub-Saharan Africa: Tenor of New Syndicated and Large Bilateral Loans
  - 3.9. Sub-Saharan Africa: Average Public Investment versus Change in Quality of Infrastructure Scores, 2006–13
  - 3.10. Sub-Saharan Africa: Low-Income Countries: Median General Government Revenue, 1990–2013

### Related Communications and Access Options (as listed)
- Press Release: IMF Projects Robust Growth in Sub-Saharan Africa, Amid Shifting Global Forces
- Survey Story: Strong Growth in Sub-Saharan Africa, but Pockets of Difficulty
- Podcast: Strong Growth in Sub-Saharan Africa Continues
- Sub-Saharan Africa: Regional Economic Outlooks Archive
- Regional Economic Outlooks
- IMF Regional Reports
- World Economic Outlook Archives
- Options: Sign up to receive free e-mail notices; Modify your profile; Ordering Information; Buy a print subscription; Subscribe; Download; Full Text

*Regional Economic Outlook: Sub-Saharan Africa - Staying the Course, October 2014 — Table of Contents*

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## Content in this bundle

- **Afrique subsaharienne -- Maintenir le cap; le 20 octobre 2014**
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## References

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- [Press Release: IMF Projects Robust Growth in Sub-Saharan Africa, Amid Shifting Global Forces](https://www.imf.org/external/np/sec/pr/2014/pr14475.htm)
- [Survey Story: Strong Growth in Sub-Saharan Africa, but Pockets of Difficulty](https://www.imf.org/external/pubs/ft/survey/so/2014/CAR102014A.htm)
- [Podcast: Strong Growth in Sub-Saharan Africa Continues](https://www.imf.org/external/pubs/ft/survey/so/SinglePodcastHighlight.aspx?podcastid=316)
- [Sub-Saharan Africa: Regional Economic Outlooks Archive](https://www.imf.org/external/pubs/ft/reo/reorepts.aspx?ddlRegions=11&ddlYear=-1)
- [Regional Economic Outlooks](https://www.imf.org/external/pubs/ft/reo/reorepts.aspx)
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- [World Economic Outlook Archives](https://www.imf.org/external/ns/cs.aspx?id=29)
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_Source: https://www.imf.org/en/publications/reo/ssa/issues/2017/02/01/staying-the-course_