Africa's Pulse, No. 14, October 2016 World Bank Group 2016-09-28T21:29:24Z 2016-09-28T21:29:24Z 2016-09-28
dc.description.abstract After slowing to 3 percent in 2015, economic growth in Sub-Saharan Africa is projected to fall to 1.6 percent in 2016, the lowest level in over two decades. Low commodity prices and tight financial conditions, exacerbated by domestic headwinds from policy uncertainty, droughts, and political and security concerns, continued to weigh on activity across the region. The overall slowdown in Sub-Saharan Africa's growth reflects economic deterioration in the region's largest economies. Economic performance was notably weak across oil exporters. At the same time, in about a quarter of the countries, economic growth is showing signs of resilience. Indeed, the pattern of growth across countries is far from homogeneous, suggesting that Sub- Saharan Africa is growing at diverging speeds. While many countries are registering a sharp slippage in economic growth, some countries—Ethiopia, Rwanda, and Tanzania—are continuing to post annual average growth rates of over 6 percent, exceeding the top tercile of the regional distribution; and several other countries—including Côte d'Ivoire and Senegal—have moved into the top tercile of performers. The "established" and "improved" performers tend to have stronger quality of monetary and fiscal policies, better business regulatory environment, more diverse structure of exports, and more effective public institutions. en
dc.language English
dc.language.iso en_US
dc.publisher World Bank, Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.subject economic growth
dc.subject macroeconomic policy
dc.subject public sector management
dc.subject agricultural productivity
dc.subject poverty reduction
dc.subject fertilizer subsidies
dc.subject political economy
dc.title Africa's Pulse, No. 14, October 2016 en
dc.type Serial en
dc.type Sériel fr
dc.type Serial es
dspace.entity.type Publication
okr.crossref.title Africa's Pulse, No. 14, October 2016 2016-09-28
okr.doctype Publications & Research
okr.doctype Publications & Research :: Brief
okr.identifier.doi 10.1596/25097
okr.identifier.externaldocumentum 090224b08461833e_4_0
okr.identifier.internaldocumentum 26822907 108582
okr.imported true
okr.language.supported en
okr.pdfurl en
okr.region.administrative Africa
okr.region.geographical Sub-Saharan Africa
okr.topic Macroeconomics and Economic Growth :: Economic Growth
okr.topic Macroeconomics and Economic Growth :: Taxation & Subsidies
okr.topic Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic Agriculture :: Agricultural Sector Economics
okr.topic Agriculture :: Fertilizers
okr.unit Office of the Chief Economist (AFRCE)
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