08060oam 22014534 450 991078074380332120230721024338.01-4552-8720-21-4519-9661-61-283-53683-81-4519-4600-79786613849281(CKB)2470000000001386(EBL)1605789(SSID)ssj0000432193(PQKBManifestationID)11306554(PQKBTitleCode)TC0000432193(PQKBWorkID)10478128(PQKB)10823875(MiAaPQ)EBC1605789(Au-PeEL)EBL1605789(CaPaEBR)ebr10300192(OCoLC)870244640(IMF)REOAFREE2008001(IMF)REOAFREA2008001(EXLCZ)99247000000000138620020129d2008 uf 0engur|n|---|||||txtccrRegional Economic Outlook, April 2008, Sub-Saharan AfricaWashington, D.C. :International Monetary Fund,2008.1 online resource (144 p.)Regional Economic OutlookDescription based upon print version of record.1-58906-711-8 Includes bibliographical references (p. 121-126).Cover; Contents; Abbreviations; Executive Summary; I. Overview; Main Developments in 2007; Figures; 1.1. A Comparison of Growth; Tables; 1.1. Sub-Saharan Africa: Selected Indicators, 2003-08; Boxes; 1.1. Sub-Saharan Africa and the Global Slowdown; 1.2. Growth in Sub-Saharan Africa; 1.3. Regional Dynamics of Growth; 1.4. Contribution to GDP Growth; 1.5. Growth Volatility; 1.6. Real Per Capita GDP Growth; 1.7. Sub-Saharan Africa: Oil Exporters; 1.8. Sub-Saharan Africa: Trading Gains (Losses); 1.2. Economic Crisis in Zimbabwe; 1.9. Inflation in Sub-Saharan Africa1.10. Sub-Saharan Africa: External Current Account Balance1.11. Commodity Prices in Sub-Saharan Africa; Macroeconomic Policies; 1.12. Three-Month Interbank Rates in Selected Emerging Markets; 1.13. Monetary Developments; 1.14. Real Effective Exchange Rates in Sub-Saharan Africa; 1.15. Real Effective Exchange Rates in the CEMAC and the WAEMU; 1.16. Sub-Saharan Africa: Reserve Coverage; 1.17. Credit to the Private Sector in Sub-Saharan Africa; 1.18. Real Effective Exchange Rates in Sub-Saharan African Countries with a Floating Regime1.19. Sub-Saharan Africa: 2007 Exchange Rate Adjustments and Current Account Balances1.20. Central Government Revenues in Sub-Saharan Africa; 1.21. Central Government Primary Expenditures in Sub-Saharan Africa; 1.22. Central Government Social Spending in Sub-Saharan Africa; 1.23. Low-Income Sub-Saharan Africa: Government Financing of Fiscal Deficits; 1.3. The Changing Nature of Public Debt in Sub-Saharan Africa; Outlook for 2008 and Risks; 1.24. Total Government Debt in Sub-Saharan Africa; 1.25. Oil Prices and GDP Growth in Sub-Saharan Africa; 1.26. Exports and Growth in Sub-Saharan Africa1.4. The Impact of High Oil Prices on Sub-Saharan Africa1.5. Conflicts and Political Instability in Sub-Saharan Africa: Growth and Spillover Effects; 1.27. Sub-Saharan Africa: Growth and Commodity Prices; 1.28. Growth Prospects in Sub-Saharan Africa; 1.29. Sub-Saharan Africa: Reserve Coverage for Terms of Trade Shocks, 2007; Medium-Term Challenges: Unleashing the Private Sector and Reducing the Cost of Doing Business; 1.30. Sub-Saharan Africa: Doing Business, 2007; 1.31. Sub-Saharan Africa: Global Competitiveness Index, 2007; 1.32. Sub-Saharan Africa: Governance Ranking, 2000-061.6. Creditor Rights in Sub-Saharan AfricaAppendix 1.1; A1.1. Categorization of Sub-Saharan African Countries; A1.2. Non-Oil Primary Fiscal Deficits, 2002-07; II. Monetary and Exchange Rate Policies in Sub-Saharan Africa; 2.1. Inflation Objectives for Sub-Saharan African Low-Income Countries; 2.2. The Monetary Transmission Mechanism in Sub-Saharan Africa; The Monetary and Exchange Rate Landscape; 2.1. De Jure Monetary Policy Frameworks in Sub-Saharan Africa; 2.3. Assessing Reserve Money Targeting in Sub-Saharan Africa; 2.1. Sub-Saharan Africa: Exchange Rate Distribution, 2005-07Policy Challenges of Implementing Monetary and Exchange Rate Regimes in Sub-Saharan AfricaThe region's prospects continue to be promising, but global developments pose increased risks to the outlook. Growth in sub-Saharan Africa should again average about 6½ percent in 2008 with oil exporters leading the way; meanwhile, growth in oil importers is expected to taper off, though only modestly. With food and energy prices still rising, inflation is projected to average about 8½ percent this year for countries in the region, setting aside Zimbabwe. Risks in 2008 are tilted to the downside, but the region is better placed today to withstand a worsening of the global environment.Regional Economic OutlookRegional economic outlook.Sub-Saharan Africa Apr. 08Monetary policyAfrica, Sub-SaharanForeign exchange ratesAfrica, Sub-SaharanCapital movementsAfrica, Sub-SaharanPower resourcesAfrica, Sub-SaharanInvestments: EnergyimfExports and ImportsimfForeign ExchangeimfInflationimfMoney and Monetary PolicyimfMacroeconomicsimfInternational InvestmentimfLong-term Capital MovementsimfPrice LevelimfDeflationimfMonetary PolicyimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfElectric UtilitiesimfCurrencyimfForeign exchangeimfInternational economicsimfMonetary economicsimfInvestment & securitiesimfExchange rate arrangementsimfCapital inflowsimfInflation targetingimfExchange ratesimfPricesimfBalance of paymentsimfMonetary policyimfCapital flowsimfCapital movementsimfMoney supplyimfElectric utilitiesimfAfrica, Sub-SaharanEconomic conditions1960-Africa, Sub-SaharanEconomic policySouth AfricaimfMonetary policyForeign exchange ratesCapital movementsPower resourcesInvestments: EnergyExports and ImportsForeign ExchangeInflationMoney and Monetary PolicyMacroeconomicsInternational InvestmentLong-term Capital MovementsPrice LevelDeflationMonetary PolicyMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralElectric UtilitiesCurrencyForeign exchangeInternational economicsMonetary economicsInvestment & securitiesExchange rate arrangementsCapital inflowsInflation targetingExchange ratesPricesBalance of paymentsMonetary policyCapital flowsCapital movementsMoney supplyElectric utilitiesInternational Monetary Fund.DcWaIMFBOOK9910780743803321Regional Economic Outlook, April 2008, Sub-Saharan Africa3807553UNINA