Regional Economic Outlook, April 2010 : Sub-Saharan Africa: Back to High Growth?
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 sub-Saharan Africa countries experiencing 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
Year of publication: |
2010
|
---|---|
Institutions: | International Monetary Fund / African Dept ; International Monetary Fund / African Dept (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | Wirtschaftslage | Macroeconomic performance | Subsahara-Afrika | Sub-Saharan Africa | Wirtschaftsprognose | Economic forecast | Wirtschaftswachstum | Economic growth | Zentralafrika | Central Africa |
Saved in:
freely available
Extent: | Online-Ressource (107 p) |
---|---|
Series: | Regional economic outlook. - Washington, DC : International Monetary Fund, ZDB-ID 2377076-4. |
Type of publication: | Book / Working Paper |
Language: | English |
ISBN: | 1-58906-918-8 ; 978-1-58906-918-3 |
Other identifiers: | 10.5089/9781589069183.086 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014406398
Saved in favorites
Similar items by subject
-
(2012)
-
(2012)
-
Regional Economic Outlook, April 2014, Sub-Saharan Africa : Fostering Durable and Inclusive Growth
(2014)
- More ...
Similar items by person