Regional Economic Outlook

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Cover; Contents; Abbreviations; Preface; I. Highlights; II. Developments in 2006 and Prospects for 2007; Developments in 2006; Figures; 2.1. Sub-Saharan Africa: Real GDP Growth; 2.2. Sub-Saharan Africa: Contribution to GDP Growth; Tables; 2.1. Sub-Saharan Africa: Selected Indicators, 2002-07; 2.3. Sub-Saharan Africa: Inflation, 2000-06; Boxes; 2.1. Trends in Poverty and Inequality in Sub-Saharan Africa; 2.4. Sub-Saharan Africa: Commodity Prices; 2.5. Sub-Saharan Africa: Foreign Reserves; 2.6. Sub-Saharan Africa: Destination of Exports; 2.7. Sub-Saharan Africa: External Debt, 2000-06

2.2. Information and Communication Technologies in Sub-Saharan Africa2.8. Sub-Saharan Africa: Components of Total Net Official Development Assistance; 2.9. Sub-Saharan Africa: Real Effective Exchange Rate; 2.10. Sub-Saharan Africa: Debt Trading Volumes; 2.3. Debt Relief and Credit Rating in Sub-Saharan Africa; 2.11. Oil-Exporting Countries: Contribution to GDP Growth; 2.4. Macroeconomic Implications of Climate Change in Sub-Saharan Africa; 2.12. SSA Oil-Exporting Countries: Fiscal Spending and Oil Revenues, 2002-06; 2.13. SSA Oil-Exporting Countries: External Spending and Oil Exports, 2002-06

2.14 SSA Oil-Exporting Countries: Current Account and Official Reserves2.15. International Comparison: Doing Business Indicators; 2.16. Oil-Importing Countries: Contribution to GDP Growth; Prospects for 2007; 2.17. Sub-Saharan Africa: Real GDP Growth, 2007; 2.18. Sub-Saharan Africa: Median Inflation and Countries with Inflation Below 10 Percent; 2.5 Policies to Promote Private Sector Development in Sub-Saharan Africa; 2.19. Sub-Saharan Africa, Euro Area, and the United States: Real GDP Growth; 2.20. Sub-Saharan Africa, Euro Area, and the United States: GDP Growth Correlation

III. Macroeconomic Challenges for Africa's Oil Producers: How to Seize the Opportunities and Avoid the PitfallsIntroduction; 3.1. SSA: Oil Production and Oil Prices, 1965-2006; 3.2. SSA Oil-Producing Countries: Oil and Non-Oil Revenues, 2002 and 2006; 3.3. SSA Oil-Producing Countries: Portion of Oil Revenue Spent, 2002 and 2006; 3.4. SSA Oil-Producing Countries: Change in International Reserves and Non-Oil Primary Fiscal Balances, 2002 and 2006; 3.5. SSA Oil-Producing Countries: Impact of Fiscal Policies, 1970-2006; Policy Challenges Ahead

3.6. Selected Indicators in Oil-Producing Countries, 20053.1. Limited Oil Reserves and Long-Term Fiscal Policies; 3.7. SSA Oil-Producing Countries: Oil and Gas Production, 2001-56; 3.2. Oil and Gas Reserves in Sub-Saharan Africa; 3.8. SSA Oil-Producing Countries: Non-hydrocarbon Primary Balance, 2003-45; 3.9. SSA Oil-Producing Countries: Permanently Sustainable Non-Oil Primary Deficits (3.2 percent return); 3.10. SSA Oil-Producing Countries: Permanently Sustainable Non-Oil Primary Deficits (4 percent return)

3.11 SSA Oil-Producing Countries: Real Growth and Sustainable Government Expenditure, 2003-55

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