LEADER 07706oam 22013214 450 001 9910821268303321 005 20240402023526.0 010 $a1-4552-7747-9 010 $a1-4552-3812-0 010 $a1-283-53812-1 010 $a9786613850577 010 $a1-4552-3310-2 035 $a(CKB)2550000000102532 035 $a(EBL)1587031 035 $a(MiAaPQ)EBC1587031 035 $a(Au-PeEL)EBL1587031 035 $a(CaPaEBR)ebr10557523 035 $a(CaONFJC)MIL385057 035 $a(OCoLC)867927266 035 $a(IMF)REOAFREE2011001 035 $a(IMF)REOAFREA2011001 035 $a(EXLCZ)992550000000102532 100 $a20020129d2011 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aRegional Economic Outlook, April 2011, Sub-Saharan Africa : $eRecovery and New Risks 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2011. 215 $a1 online resource (123 p.) 225 1 $aRegional Economic Outlook 225 0$aWorld economic and financial surveys 300 $a"Apr 11." 311 $a1-61635-061-X 320 $aIncludes bibliographical references. 327 $aCover; 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 2010 327 $a1.2. 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, 2000-12 327 $a1.11. 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; Boxes 327 $a1.1 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 Countries 327 $a2.4. 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) Indices 327 $a2.12. Country Stock Market Indices 330 3 $aSub-Saharan Africa's economic recovery is well under way, although among country groups there is variation in the speed of the recovery. In most of the region's low-income countries and among the seven oil exporters growth is almost back to precrisis levels. However, in the region's middle-income countries, including South Africa, the recovery has been more gradual. This Regional Economic Outlook describes the impact of recent economic developments---sharp increases in food and fuel prices will need fiscal interventions targeting the poor, while higher oil prices will be a boon to some countries and adversely affect others. Policy adjustments are needed to move away from the supportive stance of the last few years but should be balanced against the need to alleviate the impact of rising food prices on poor households. 410 0$aRegional Economic Outlook 517 3 $aSub-Saharan Africa 606 $aEconomic forecasting$zAfrica, Sub-Saharan 606 $aEconomic development$zAfrica, Sub-Saharan 606 $aExports and Imports$2imf 606 $aFinance: General$2imf 606 $aForeign Exchange$2imf 606 $aInflation$2imf 606 $aMacroeconomics$2imf 606 $aInternational Investment$2imf 606 $aLong-term Capital Movements$2imf 606 $aAgriculture: Aggregate Supply and Demand Analysis$2imf 606 $aPrices$2imf 606 $aEnergy: Demand and Supply$2imf 606 $aTrade: General$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aInternational economics$2imf 606 $aFinance$2imf 606 $aCurrency$2imf 606 $aForeign exchange$2imf 606 $aBanking$2imf 606 $aFood prices$2imf 606 $aCapital inflows$2imf 606 $aExports$2imf 606 $aCommodity prices$2imf 606 $aBalance of payments$2imf 606 $aInternational trade$2imf 606 $aEmerging and frontier financial markets$2imf 606 $aFinancial markets$2imf 606 $aCapital movements$2imf 607 $aKenya$2imf 615 0$aEconomic forecasting 615 0$aEconomic development 615 7$aExports and Imports 615 7$aFinance: General 615 7$aForeign Exchange 615 7$aInflation 615 7$aMacroeconomics 615 7$aInternational Investment 615 7$aLong-term Capital Movements 615 7$aAgriculture: Aggregate Supply and Demand Analysis 615 7$aPrices 615 7$aEnergy: Demand and Supply 615 7$aTrade: General 615 7$aPrice Level 615 7$aDeflation 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aInternational economics 615 7$aFinance 615 7$aCurrency 615 7$aForeign exchange 615 7$aBanking 615 7$aFood prices 615 7$aCapital inflows 615 7$aExports 615 7$aCommodity prices 615 7$aBalance of payments 615 7$aInternational trade 615 7$aEmerging and frontier financial markets 615 7$aFinancial markets 615 7$aCapital movements 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910821268303321 996 $aRegional Economic Outlook, April 2011, Sub-Saharan Africa$93968626 997 $aUNINA