Regional Economic Outlook

Regional Economic Outlook

Sub-Saharan Africa : Sustaining Growth Amid Global Uncertainty

eBook - 2012
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Sub-Saharan Africa continues to record strong economic growth, despite the weaker global economic environment. Regional output rose by 5 percent in 2011, with growth set to increase slightly in 2012, helped by still-strong commodity prices, new resource exploitation, and the improved domestic conditions that have underpinned several years of solid trend growth in the region's low-income countries. But there is variation in performance across the region, with output in middle-income countries tracking more closely the global slowdown and with some sub-regions adversely affected, at least temporarily, by drought. Threats to the outlook include the risk of intensified financial stresses in the euro area spilling over into a further slowing of the global economy and the possibility of an oil price surge triggered by rising geopolitical tensions.
Publisher: Washington, D.C. : International Monetary Fund, 2012.
ISBN: 9781475578553
9781616352493
Characteristics: 1 online resource (ix, 124 pages) : color illustrations.

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