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Africa's Pulse, April 2015

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dc.contributor.authorChuhan-Pole, Punam
dc.contributor.authorFerreira, Francisco H.G.
dc.contributor.authorCalderon, Cesar
dc.contributor.authorChristiaensen, Luc
dc.contributor.authorEvans, David
dc.contributor.authorKambou, Gerard
dc.contributor.authorBoreux, Sebastien
dc.contributor.authorKorman, Vijdan
dc.contributor.authorKubota, Megumi
dc.contributor.authorBuitano, Mapi
dc.contributor.editorChuhan-Pole, Punam
dc.contributor.editorFerreira, Francisco H.G.
dc.contributor.otherLitwack, John
dc.contributor.otherSavescu, Cristina
dc.contributor.otherTchana Tchana, Fulbert
dc.date.accessioned2015-04-14T18:53:28Z
dc.date.available2015-04-14T18:53:28Z
dc.date.issued2015-04
dc.description.abstractAfrica’s Pulse is a biannual publication containing an analysis of the near-term macro-economic outlook for the region. It also includes a section focusing on a topic that represents a particular development challenges for the continent. It is produced by the Office of the Chief Economist for the Africa Region.This issue is an analysis of issues shaping Africa's economic future. Growth remains stable in Sub-Saharan Africa. Some countries are seeing a slowdown, but the region's economic prospects remain broadly favorable. External risks of higher global financial market volatility and lower growth in emerging market economies weigh on the downside. In several Sub-Saharan African countries, large budgetary imbalances are a source of vulnerability to exogenous shocks and underscore the need for rebuilding fiscal buffers in these countries. The Ebola outbreak is exacting a heavy human and economic toll on affected countries and, if not rapidly contained, the risk of wider contagion grows. Without a scale-up of effective interventions, growth would slow markedly not only in the core countries (Guinea, Liberia, and Sierra Leone), but also in the sub region as transportation, cross-border trade, and supply chains are severely disrupted. In Sub-Saharan Africa, growth in agriculture and services is more effective at reducing poverty than growth in industry. Structural transformation has a role to play in accelerating poverty reduction in Sub-Saharan Africa. Increasing agricultural productivity will be critical to fostering structural transformation. Boosting rural income diversification can facilitate this transformation, as well. Investments in rural public goods and services (for example, education, health, rural roads, electricity and ICT), including in small towns, will be conducive to lifting productivity in the rural economy. Although Sub-Saharan Africa's pattern of growth has largely bypassed manufacturing, growing the region's manufacturing base, especially by improving its fundamentals, lower transport cost, cheaper and more reliable power, and a more educated labor force, will benefit all sectors.en
dc.identifier.doi10.1596/978-1-4648-0615-5
dc.identifier.isbn978-1-4648-0615-5
dc.identifier.urihttps://hdl.handle.net/10986/21736
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectEconomic growth
dc.subjectMacroeconomic analysis
dc.titleAfrica's Pulse, April 2015en
dc.typeSerialen
dc.typeSérielfr
dc.typeSeriales
dspace.entity.typePublication
okr.date.disclosure2015-04-14
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.globalpracticeMacroeconomics and Fiscal Management
okr.identifier.doi10.1596/978-1-4648-0615-5
okr.language.supporteden
okr.region.administrativeAfrica
okr.region.geographicalSub-Saharan Africa
okr.topicMacroeconomics and Economic Growth::Economic Development
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicPoverty Reduction::Pro-Poor Growth
okr.unitOffice of the Chief Economist, Africa Region (AFRCE)
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relation.isAuthorOfPublication.latestForDiscovery837cee1f-30d9-57f4-bb0a-575f65176b3e
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