05136nam 2200589Ia 450 991045185880332120200520144314.01-4552-7747-91-4552-3812-01-283-53812-197866138505771-4552-3310-2(CKB)2550000000102532(EBL)1587031(MiAaPQ)EBC1587031(Au-PeEL)EBL1587031(CaPaEBR)ebr10557523(CaONFJC)MIL385057(OCoLC)867927266(EXLCZ)99255000000010253220121025d2011 uy 0engurcn|||||||||Regional economic outlook[electronic resource] Sub-Saharan Africa recovery and new risksWashington, D.C. International Monetary Fundc20111 online resource (123 p.)World economic and financial surveys"Apr 11."1-61635-061-X Includes bibliographical references.Cover; Contents; Abbreviations; Preface; Main Findings; 1. Recovery and New Risks; Introduction and Summary; Tables; 1.1. Sub-Saharan Africa: Macroeconomic Aggregates, 2004-12; How and Where Has Output Recovered from the Impact of the Crisis?; Figures; 1.1. Sub-Saharan Africa: Trends in Output among Low-Income and Oil-Exporting Countries; 1.2. Sub-Saharan Africa: Trends in Output among Middle-Income Countries; 1.3. Changes in Inflation and Policy Rates; 1.4. Sub-Saharan Africa: Broad Money and Private Sector Credit Growth, December 2005-September 20101.2. Sub-Saharan Africa: Contributions to Real GDP Growth, 2004-111.5. Nominal Effective Exchange Rate Change, January 2009 versus January 2011; Has Fiscal Policy Started to Pay Heed to the Recovery?; 1.6. Sub-Saharan Africa: External Account Indicators; 1.7. Sub-Saharan Africa: Total Revenue Excluding Grants, 2000-12; 1.8. Sub-Saharan Africa: Real Government Expenditure Growth, 2004-11; 1.9. Real Government Expenditure Growth, 2011; What Are the Implications of the Resurgence in Food and Fuel Prices?; 1.10. Sub-Saharan Africa: Overall Balance Excluding Grants, 2000-121.11. Sub-Saharan Africa: Change in Fiscal Balance and Net Present Value of Public Debt1.12. World Commodity Price Index; 1.13. Sub-Saharan Africa: Food Inflation Rates; 1.14. Sub-Saharan Africa: Food Inflation; 1.15. Relationship between Domestic and International Food Prices; 1.16. Trade Balance Effects of Commodity Price Changes in 2011; Policy Priorities Going Forward; 1.17. Sub-Saharan Africa: Real Policy Interest Rate; 1.18. Sub-Saharan Africa: Relationship between CPI Inflation and Food and Fuel Inflation Rates, 2000-10; Boxes1.1 Why Has South Africa's Recovery from the Recession Been Subdued?1.2. How Unique Is Sub-Saharan Africa's Growth Surge of the Last Decade?; 1.3. An Adverse Oil Shock Scenario; 2. Capital Inflows to Frontier Markets in Sub-Saharan Africa; Introduction and Summary; 2.1. What Are Frontier Markets?; The Nature and Volume of Flows to Sub-Saharan African Frontier Markets in a Global Context; 2.1. Private vs. Official Financing to Sub-Saharan African Countries; 2.2. Net Private Capital Flows to Emerging and Developing Economies; 2.3. Net Private Capital Flows to Sub-Saharan African Countries2.4. Net Portfolio Investment in Emerging and Developing Economies 2.5. Sub-Saharan Africa Frontier Markets: Portfolio Investments; 2.6. Portfolio Investment Net; 2.7. Average Stock of Portfolio Investment Liabilities; Other Private Flows to Frontier Markets; 2.8. Stock of Portfolio Investment Liabilities; 2.9. Sub-Saharan Africa Frontier Markets: External Bond Issuance; 2.10. Other Frontier Markets: External Bond Issuance; How Different Is the Recent Experience of Sub-Saharan Africa's Frontier Markets?; 2.11. Morgan Stanley Capital International (MSCI) Indices2.12. Country Stock Market IndicesSub-Saharan Africa's economic recovery is well under way, although among country groups there is variation in the speed of the recovery. In most of the region's low-income countries and among the seven oil exporters growth is almost back to precrisis levels. However, in the region's middle-income countries, including South Africa, the recovery has been more gradual. This Regional Economic Outlook describes the impact of recent economic developments---sharp increases in food and fuel prices will need fiscal interventions targeting the poor, while higher oil prices will be a boon to some countriesRegional Economic OutlookSub-Saharan AfricaEconomic forecastingAfrica, Sub-SaharanEconomic developmentAfrica, Sub-SaharanElectronic books.Economic forecastingEconomic developmentInternational Monetary Fund.MiAaPQMiAaPQMiAaPQBOOK9910451858803321Regional economic outlook1916023UNINA