Sub Saharan Africa’s (SSA’s) growth bounced back to 5% in 2010 following a slowdown to 2.8% in 2009 because of the GFC. Moreover, SSA’s 5-plus growth rate is sustainable. Improvements in domestic fundamentals due to better economic management and improved political stability have been mainly responsible for the turnaround in the past decade. The impact of high commodity prices, reorientation of trade to fast growing Asian countries, advances in new technology, especially mobile telephony, will continue to be growth drivers. SSA’s good growth prospects will be underpinned by domestic demand and a surge in Asian demand for some time. However, growth could be higher still, more durable and job-creating if some of the region’s key constraints –...
The 2000s has been Africa’s “decade of growth.” For the first time since the 1970s, Africa has not b...
Now that China and India have found ways of growing out of poverty, attention has again turned to Af...
Has Africa finally reached the path to sustained growth? We find that much of the improvement in eco...
Sub-Saharan Africa as a whole did remarkably well during the Great Recession exceeding global growth...
Estimates of GDP per capita are provided on an annual basis for eight Sub-Saharan African economies ...
African countries have been growing fast recently. In 2007, for example, GDP growth averaged 6.2 per...
This more than any other time is the moment for pursuing tourism as a dynamic development option in ...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
The global economic crisis of 2007–09 left Sub-Saharan countries relatively unscathed. There are a n...
Over the past three decades, Sub-Saharan African (SSA) income growth has barely kept pace with popul...
For the first 15 years of the new millennium, several countries in sub-Saharan Africa (SSA) have exp...
African economies have been shaken by the global economic downturn which followed the US-centered fi...
African countries have registered high growth rates in the past 10 years and have weathered the glob...
The striking reversal reported by the Sub-Saharan African (SSA) economy from the early 1990s through...
Following decolonization, growth accelerated in the leading African economies with the emergence of ...
The 2000s has been Africa’s “decade of growth.” For the first time since the 1970s, Africa has not b...
Now that China and India have found ways of growing out of poverty, attention has again turned to Af...
Has Africa finally reached the path to sustained growth? We find that much of the improvement in eco...
Sub-Saharan Africa as a whole did remarkably well during the Great Recession exceeding global growth...
Estimates of GDP per capita are provided on an annual basis for eight Sub-Saharan African economies ...
African countries have been growing fast recently. In 2007, for example, GDP growth averaged 6.2 per...
This more than any other time is the moment for pursuing tourism as a dynamic development option in ...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
The global economic crisis of 2007–09 left Sub-Saharan countries relatively unscathed. There are a n...
Over the past three decades, Sub-Saharan African (SSA) income growth has barely kept pace with popul...
For the first 15 years of the new millennium, several countries in sub-Saharan Africa (SSA) have exp...
African economies have been shaken by the global economic downturn which followed the US-centered fi...
African countries have registered high growth rates in the past 10 years and have weathered the glob...
The striking reversal reported by the Sub-Saharan African (SSA) economy from the early 1990s through...
Following decolonization, growth accelerated in the leading African economies with the emergence of ...
The 2000s has been Africa’s “decade of growth.” For the first time since the 1970s, Africa has not b...
Now that China and India have found ways of growing out of poverty, attention has again turned to Af...
Has Africa finally reached the path to sustained growth? We find that much of the improvement in eco...