Regional Economic Outlook, April 2022, Sub-Saharan Africa.

The economic recovery in sub-Saharan Africa surprised on the upside in the second half of 2021, prompting a significant upward revision in last year's estimated growth. This year, however, that progress has been jeopardized. The Russian invasion of Ukraine has triggered a global economic shock...

Descrizione completa

Dettagli Bibliografici
Ente Autore: International Monetary Fund. African Dept
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2022.
Soggetti:
Accesso online:Full text available on IMF
Descrizione
Riassunto:The economic recovery in sub-Saharan Africa surprised on the upside in the second half of 2021, prompting a significant upward revision in last year's estimated growth. This year, however, that progress has been jeopardized. The Russian invasion of Ukraine has triggered a global economic shock that is hitting the region at a time when countries' policy space to respond to it is minimal to nonexistent. Most notably, surging oil and food prices are straining the external and fiscal balances of commodity-importing countries and have increased food security concerns in many countries. Moreover, the shock threatens to compound some of the region's most pressing policy challenges, including the COVID-19 pandemic's social and economic legacy, climate change, heightened security risks in the Sahel, and the ongoing tightening of monetary policy in the United States.
Descrizione del documento:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Descrizione fisica:1 online resource (44 pages)
Natura:Mode of access: Internet
Accesso:Electronic access restricted to authorized BRAC University faculty, staff and students