LEADER 08171oam 22014534 450 001 9910780946703321 005 20230721025141.0 010 $a1-4552-5693-5 010 $a1-4527-3217-5 010 $a1-283-53646-3 010 $a1-4519-9601-2 010 $a9786613848918 035 $a(CKB)2540000000001107 035 $a(EBL)1605905 035 $a(SSID)ssj0000466189 035 $a(PQKBManifestationID)11337278 035 $a(PQKBTitleCode)TC0000466189 035 $a(PQKBWorkID)10458176 035 $a(PQKB)11739347 035 $a(MiAaPQ)EBC1605905 035 $a(Au-PeEL)EBL1605905 035 $a(CaPaEBR)ebr10344786 035 $a(CaONFJC)MIL384891 035 $a(OCoLC)870244601 035 $a(IMF)REOAFREE2009002 035 $a(IMF)REOAFREA2009002 035 $a(EXLCZ)992540000000001107 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aRegional Economic Outlook, October 2009, Sub-Saharan Africa : $eWeathering the Storm 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a1 online resource (99 p.) 225 1 $aRegional Economic Outlook 225 0$aWorld economic and financial surveys 300 $aDescription based upon print version of record. 311 $a1-58906-857-2 320 $aIncludes bibliographical references. 327 $aCover; Contents; Preface; Abbreviations; Main Messages; 1. Sub-Saharan Africa: Weathering the Storm; Introduction and Summary; Tables; 1.1. Sub-Saharan Africa: Selected Indicators, 2005-10; Figures; 1.1. Sub-Saharan Africa: Key External Developments; The Great Recession and Sub-Saharan Africa; 1.2. Sub-Saharan Africa: Changes in Key Indicators, Average 2004-08 and 2009 Projections; 1.2. Sub-Saharan Africa: Oil-Exporting Countries: Revenues, Expenditures, and Fiscal Balance; 1.3. Sub-Saharan Africa: Selected Foreign Inflows 327 $a1.4. Low-Income Countries and Fragile States: Revisions to Fiscal Balance Projections, 2009Boxes; 1.1. Sub-Saharan Africa: The Fiscal Policy Response to the Crisis; Cyclical Recoveries in Sub-Saharan Africa; 1.5. Sub-Saharan Africa: Past and Current Economic Cycles; 1.6. Sub-Saharan Africa Country Groupings: Past Economic Cycles; 1.7. Sub-Saharan Africa: Past Economic Cycles and Latest Projections; Outlook; 1.8. Sub-Saharan Africa: Contributions to Real GDP Growth, 2000-11; 1.9. Sub-Saharan Africa: Projected GDP Growth, 2008-11 327 $a1.10. Sub-Saharan Africa: Macroeconomic and Political Environment, 1970-20091.11. Sub-Saharan Africa: Exports by Destination; 1.12. Sub-Saharan Africa: Growth Prospects, 2000-11; What Next for Policies?; 1.13. Sub-Saharan Africa: Policy Responses, 2009; 1.14. Sub-Saharan Africa: Past Economic Cycles and Latest Projections; 1.15. Sub-Saharan Africa: Output Gap and Change in Fiscal Balance Excluding Grants, 2005-07 and 2009 Projections; 1.16. Sub-Saharan Africa: Bilateral Exchange Rate in Selected Countries, September 2008-August 2009 327 $a1.2. The Slowdown and Recovery in Africa: The Role of Spillover Effects2. Fiscal Policy and Economic Performance in Sub-Saharan Africa: Effectiveness, Challenges, and Prospects; Introduction and Main Messages; Fiscal Policy and Economic Performance in Sub-Saharan Africa; 2.1. Sub-Saharan Africa: Percentage of Countries Satisfying Various Stability Criteria; 2.1. Sub-Saharan Africa: Fiscal Indicators; Fiscal Policy as a Stabilization Tool; 2.2. Sub-Saharan Africa: Public Sector Debt; 2.3. Sub-Saharan Africa: Fiscal Balance Deterioration, 2009 vs. 2008; 2.2. Range of Fiscal Multipliers 327 $a2.4. Amplitude and Correlation, Central Government Total Spending, 1980-20082.3. Fiscal Procyclicality in Sub-Saharan Africa, 1980-2008: Groups and Spending Categories; 2.4. Changes in Fiscal Procyclicality by Decade, 1980-2008; Fiscal Policy and Debt Sustainability; 2.5. Evolution of Debt in Sub-Saharan Africa; 2.1. Debt Sustainability Analysis; 2.5. Risk of Debt Distress by Country Grouping; 2.6. NPV of Debt after HIPC Initiative, Additional Bilateral Debt Relief, and MDRI in 28 Sub-Saharan Africa HIPCs 327 $a2.7. Sub-Saharan Africa: Central Government Balance and Public Expenditure and Financial Accountability Assessment Score 330 3 $aSub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October. 410 0$aRegional Economic Outlook 606 $aFiscal policy$zAfrica, Sub-Saharan 606 $aEconomic indicators$zAfrica, Sub-Saharan 606 $aInvestments: Energy$2imf 606 $aExports and Imports$2imf 606 $aForeign Exchange$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aFiscal Policy$2imf 606 $aInternational Lending and Debt Problems$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aEnergy: General$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aInternational economics$2imf 606 $aPublic finance & taxation$2imf 606 $aInvestment & securities$2imf 606 $aEconomic growth$2imf 606 $aExchange rate arrangements$2imf 606 $aFiscal policy$2imf 606 $aConventional peg$2imf 606 $aFloating exchange rates$2imf 606 $aOil$2imf 606 $aCommodities$2imf 606 $aDebt sustainability$2imf 606 $aExternal debt$2imf 606 $aExpenditure$2imf 606 $aFiscal stance$2imf 606 $aDebts, External$2imf 606 $aPetroleum industry and trade$2imf 606 $aExpenditures, Public$2imf 606 $aFinance, Public$2imf 607 $aSouth Africa$2imf 615 0$aFiscal policy 615 0$aEconomic indicators 615 7$aInvestments: Energy 615 7$aExports and Imports 615 7$aForeign Exchange 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aFiscal Policy 615 7$aInternational Lending and Debt Problems 615 7$aNational Government Expenditures and Related Policies: General 615 7$aEnergy: General 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aCurrency 615 7$aForeign exchange 615 7$aInternational economics 615 7$aPublic finance & taxation 615 7$aInvestment & securities 615 7$aEconomic growth 615 7$aExchange rate arrangements 615 7$aFiscal policy 615 7$aConventional peg 615 7$aFloating exchange rates 615 7$aOil 615 7$aCommodities 615 7$aDebt sustainability 615 7$aExternal debt 615 7$aExpenditure 615 7$aFiscal stance 615 7$aDebts, External 615 7$aPetroleum industry and trade 615 7$aExpenditures, Public 615 7$aFinance, Public 676 $a339.520967 801 0$bDcWaIMF 906 $aBOOK 912 $a9910780946703321 996 $aRegional Economic Outlook, October 2009, Sub-Saharan Africa$93774966 997 $aUNINA