LEADER 07626oam 22013454 450 001 9910779769903321 005 20230803020844.0 010 $a1-4843-2147-2 010 $a1-4843-5394-3 010 $a1-4843-5459-1 035 $a(CKB)2550000001063248 035 $a(EBL)1587877 035 $a(SSID)ssj0001054426 035 $a(PQKBManifestationID)11662379 035 $a(PQKBTitleCode)TC0001054426 035 $a(PQKBWorkID)11125357 035 $a(PQKB)10966336 035 $a(MiAaPQ)EBC1587877 035 $a(Au-PeEL)EBL1587877 035 $a(CaPaEBR)ebr10739435 035 $a(CaONFJC)MIL497375 035 $a(OCoLC)867928078 035 $a(IMF)REOSSAEE2013001 035 $a(IMF)REOAFREA2013001 035 $a(EXLCZ)992550000001063248 100 $a20020129d2013 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aRegional Economic Outlook, May 2013, Sub-Saharan Africa : $eBuilding Momentum in a Multi-Speed World 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2013. 215 $a1 online resource (116 p.) 225 1 $aRegional Economic Outlook 300 $aDescription based upon print version of record. 311 $a1-4843-6515-1 311 $a1-299-66125-4 320 $aIncludes bibliographical references. 327 $aCover; Contents; Abbreviations; Acknowledgments; In Brief; 1. Building Momentum in a Multi-Speed World; Introduction and Summary; Robust Performance and Strong Outlook; Tables; 1.1. Sub-Saharan Africa: Real GDP Growth; Figures; 1.1. Sub-Saharan Africa: Food and Nonfood Inflation; Boxes; 1.1. Revisions to National Accounts Estimates among Sub-Saharan African Countries; 1.2. Changing Monetary Policy Frameworks in East Africa; 1.2. Sub-Saharan Africa: Other Macroeconomic Indicators; 1.2. Sub-Saharan Africa: Overall Fiscal Balance, 2007-14 327 $a1.3. Sub-Saharan Africa: General Government Debt, 2007-141.3. Debt Trends in Selected Sub-Saharan African Countries; 1.4. Sub-Saharan Africa: External Current Account Balance, 2004-14; 1.5. Sub-Saharan Africa: Exports and Imports by Regional Groups; 1.4. The Financing of Current Account Deficits in Low-Income Countries; 1.6. Sub-Saharan Africa: Stock Market Indices; 1.7. Sub-Saharan Africa: Reserve Coverage and Current Account Balance; 1.8. Selected Regions: Real GDP Growth, 2008-14; 1.9. Selected Regions: Inflation, 2008-14; 1.5. The Sectoral Distribution of Employment in Sub-Saharan Africa 327 $aRisk Scenario Analysis1.10. Sub-Saharan Africa: Growth Prospects, 2013 and 2014; Policy Issues and Recommendations; 1.11. Sub-Saharan Africa: Downside Scenarios; Concluding Remarks; 2. Strengthening Fiscal Policy Space; Introduction and Summary; The Level of Public Debt as a Constraint on Financing Deficits; 2.1. Sub-Saharan Africa: Density of Public Sector Debt, 2000-12; 2.2. Sub-Saharan Africa: Total Public Debt Accumulation Decomposition, 2000-12; 2.3. Sub-Saharan Africa: Change in Public Sector Debt, 2007-12 327 $a2.4. Sub-Saharan Africa: Public Sector Debt in 2012 and Sustainability Thresholds2.1. Public Debt Sustainability Threshold; 2.5. Sub-Saharan Africa: Density of Public Sector Debt, 2012-17; 2.6. Sub-Saharan Africa: Public Sector Debt in 2012, 2017, and Sustainability Thresholds; Availability of Financing as a Constraint on Avoiding Procyclicality; 2.7. Sub-Saharan Africa: Composition of Government Deficit Financing, 2007-12; 2.8. Sub-Saharan Africa: Composition of Government Deficit Financing, 2008-12; 2.9. Sub-Saharan Africa: External Budget Support, 2007-12 327 $a2.10. Sub-Saharan Africa: Composition of Credit, end-2012 or the Most Recent Year Available2.11. Sub-Saharan Africa: Changes in Government Deposits, 2000-12; 2.12. Sub-Saharan Africa: Government Deposits in Banking System and Foreign Reserves, end-2012 or the Most Recent Year Available; Strengthening Fiscal Positions Over the Medium-Term-To What End?; 2.2. Do Vulnerable Low-Income Countries Have Fiscal Policy Space?; 3. Issuing International Sovereign Bonds: Opportunities and Challenges for Sub-Saharan Africa; Introduction and Summary; 3.1. Sub-Saharan Africa: Local Currency Bond Markets 327 $aExperience with Sovereign Bond Issues in Sub-Saharan Africa 330 3 $aGrowth remained strong in the region in 2012, with regional GDP rates increasing in most countries (excluding Nigeria and South Africa). Projections point to a moderate, broad-based acceleration in growth to around 5½ percent in 2013¬14, reflecting a gradually strengthening global economy and robust domestic demand. Investment in export-oriented sectors remains an important economic driver, and an agriculture rebound in drought-affected areas will also help growth. Uncertainties in the global economy are the main risk to the region?s outlook, but plausible adverse shocks would likely not have a large effect on the region?s overall performance. 410 0$aRegional Economic Outlook 606 $aEconomic forecasting$zAfrica, Sub-Saharan 606 $aExports and Imports$2imf 606 $aForeign Exchange$2imf 606 $aInvestments: Bonds$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aInflation$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aFiscal Policy$2imf 606 $aInternational Lending and Debt Problems$2imf 606 $aEnergy: Demand and Supply$2imf 606 $aPrices$2imf 606 $aInvestment & securities$2imf 606 $aPublic finance & taxation$2imf 606 $aInternational economics$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aEnergy industries & utilities$2imf 606 $aPublic debt$2imf 606 $aSovereign bonds$2imf 606 $aExchange rates$2imf 606 $aInternational bonds$2imf 606 $aFiscal policy$2imf 606 $aFinancial institutions$2imf 606 $aBonds$2imf 606 $aDebts, Public$2imf 606 $aDebts, External$2imf 607 $aAfrica, Sub-Saharan$xEconomic conditions$y1960- 607 $aSouth Africa$2imf 615 0$aEconomic forecasting 615 7$aExports and Imports 615 7$aForeign Exchange 615 7$aInvestments: Bonds 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aInflation 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aFiscal Policy 615 7$aInternational Lending and Debt Problems 615 7$aEnergy: Demand and Supply 615 7$aPrices 615 7$aInvestment & securities 615 7$aPublic finance & taxation 615 7$aInternational economics 615 7$aCurrency 615 7$aForeign exchange 615 7$aEnergy industries & utilities 615 7$aPublic debt 615 7$aSovereign bonds 615 7$aExchange rates 615 7$aInternational bonds 615 7$aFiscal policy 615 7$aFinancial institutions 615 7$aBonds 615 7$aDebts, Public 615 7$aDebts, External 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910779769903321 996 $aRegional Economic Outlook, May 2013, Sub-Saharan Africa$93804272 997 $aUNINA