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Regional economic outlook. Sub-Saharan Africa. Oct 15, Dealing with the gathering clouds için kapak resmi
Başlık:
Regional economic outlook. Sub-Saharan Africa. Oct 15, Dealing with the gathering clouds
ISBN:
9781513597331
Fiziksel Tanımlama:
x, 123 pages : color illustration, charts ; 28 cm.
Seri:
World economic and financial surveys.
İçerik:
Contents Executive Summary Abbreviations Acknowledgments Executive Summary Chapter 1: Time for a Policy Reset Chapter 2: Weathering the Commodity Price Slump Chapter 3: Financial Development and Sustainable Growth Statistical Appendix References Publications of the IMF Africa Department, 2009-16
Özet:
After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks—the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa. Growth fell in 2015 to its lowest level in some 15 years and is expected to slow further to 3 percent in 2016. The growth performance, however, differs across countries, with most oil importers faring reasonably well. The region’s medium-term prospects remain favorable but many countries urgently need to reset their policies to reinvigorate growth and realize this potential. To this end, countries should adjust fiscal policies, and for those outside monetary unions, exchange rate flexibility, as part of a wider policy package, should also generally be part of the first line of defense. In the medium term, policies targeted at diversification and financial sector development could also strengthen resilience and boost growth.
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Kitap EKOBKN0006028 330.967 REG 2015
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