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Growth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by falling prices of their main commodity exports. Oil-exporting countries, including...
Persistent link: https://www.econbiz.de/10014412391
The five Regional Economic Outlooks published biannually by the IMF cover Asia and Pacific, Europe, the Middle East and Central Asia, Sub-Saharan Africa, and the Western Hemisphere. In each volume, recent economic developments and prospects for the region are discussed as a whole, as well as for...
Persistent link: https://www.econbiz.de/10014409454
Bhutan’s rapid growth has been underpinned by hydropower sector development with donor support. However, fiscal …
Persistent link: https://www.econbiz.de/10011244447
One of the most significant recent developments in world trade has been the entry of China into the World Trade … Organization (WTO). This paper examines the implications of China''s WTO accession for India''s trade, using both econometrics and … computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China''s WTO entry in terms …
Persistent link: https://www.econbiz.de/10014400923
entry matters more than access to the rest of China, which is consistent with market fragmentation due to underdeveloped …
Persistent link: https://www.econbiz.de/10014400961
Persistent link: https://www.econbiz.de/10000801821
The massive external debt burden of Sub-Saharan Africa has gained widespread attention as a serious policy issue during the past few years. This paper reviews recent trends in the debt levels and economic performance of Sub-Saharan countries and assesses a number of proposals for reducing their...
Persistent link: https://www.econbiz.de/10014396120
Member countries of the Central African Economic and Monetary Community are recovering from the global financial crisis, although growth in 2011 has not returned to precrisis levels. Executive Directors welcomed the region’s economic recovery from the global financial crisis and its overall...
Persistent link: https://www.econbiz.de/10014397528
This paper discusses the common policies adopted by the members of the Central African Economic and Monetary Community (CEMAC). The macroeconomic performance was good in 2011 with improved fiscal balances, public investment programs, and higher reserves. However, CEMAC is facing challenges from...
Persistent link: https://www.econbiz.de/10014395663
This paper analyzes the causes of growth of Africa’s debt burden, and discusses the factors that induced African countries to seek external loans as well as the factors affecting the supply of external financing. The paper studies the development of some measures of debt burden for different...
Persistent link: https://www.econbiz.de/10014395774