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...

Szczegółowa specyfikacja

Opis bibliograficzny
Korporacja: International Monetary Fund. African Dept
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2022.
Seria:Regional Economic Outlook
Hasła przedmiotowe:
Dostęp online:Full text available on IMF
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520 3 |a 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. 
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