Africa's Pulse, October 2015
External headwinds and domestic difficulties are impacting economic activity in Sub-Saharan Africa. Sub-Saharan Africa’s growth will decelerate in 2015 amid weak global economic conditions. Some countries, however, will continue posting solid grow...
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okr-10986-227222021-04-23T14:04:10Z Africa's Pulse, October 2015 Chuhan-Pole, Punam Calderon, Cesar Kambou, Gerard Boreux, Sebastien Buitano, Mapi M. Korman, Vijdan Kubota, Megumi FOREIGN TRADE GOVERNMENT DEBT INCOME POVERTY INFLATION INFRASTRUCTURE SPENDING INTEREST RATES INTERNATIONAL BOND MARKET OIL PRICES External headwinds and domestic difficulties are impacting economic activity in Sub-Saharan Africa. Sub-Saharan Africa’s growth will decelerate in 2015 amid weak global economic conditions. Some countries, however, will continue posting solid growth. Sub-Saharan Africa is entering a period of tightening borrowing conditions amid growing domestic and external vulnerabilities. Reflecting the widening fiscal deficits, government debt has continued to rise in many countries. Weak fundamentals, combined with the strong appreciation of the U.S. dollar, have kept currencies across the region under pressure throughout the year. Policy buffers are low in several countries, constraining the response to the current environment and underscoring the need for African countries to improve domestic resource mobilization and enhance public expenditure efficiency. Progress in reducing income poverty in Sub-Saharan Africa may have been faster than the authors thought, but poverty remains high. The region’s growth deceleration challenges efforts to reduce poverty. 2015-10-07T15:14:05Z 2015-10-07T15:14:05Z 2015-10-05 Serial http://documents.worldbank.org/curated/en/2015/10/25116683/africas-pulse-october-2015 978-1-4648-0738-1 http://hdl.handle.net/10986/22722 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Newsletter Africa Sub-Saharan Africa |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
FOREIGN TRADE GOVERNMENT DEBT INCOME POVERTY INFLATION INFRASTRUCTURE SPENDING INTEREST RATES INTERNATIONAL BOND MARKET OIL PRICES |
spellingShingle |
FOREIGN TRADE GOVERNMENT DEBT INCOME POVERTY INFLATION INFRASTRUCTURE SPENDING INTEREST RATES INTERNATIONAL BOND MARKET OIL PRICES Chuhan-Pole, Punam Calderon, Cesar Kambou, Gerard Boreux, Sebastien Buitano, Mapi M. Korman, Vijdan Kubota, Megumi Africa's Pulse, October 2015 |
geographic_facet |
Africa Sub-Saharan Africa |
description |
External headwinds and domestic
difficulties are impacting economic activity in Sub-Saharan
Africa. Sub-Saharan Africa’s growth will decelerate in 2015
amid weak global economic conditions. Some countries,
however, will continue posting solid growth. Sub-Saharan
Africa is entering a period of tightening borrowing
conditions amid growing domestic and external
vulnerabilities. Reflecting the widening fiscal deficits,
government debt has continued to rise in many countries.
Weak fundamentals, combined with the strong appreciation of
the U.S. dollar, have kept currencies across the region
under pressure throughout the year. Policy buffers are low
in several countries, constraining the response to the
current environment and underscoring the need for African
countries to improve domestic resource mobilization and
enhance public expenditure efficiency. Progress in reducing
income poverty in Sub-Saharan Africa may have been faster
than the authors thought, but poverty remains high. The
region’s growth deceleration challenges efforts to reduce poverty. |
format |
Serial |
author |
Chuhan-Pole, Punam Calderon, Cesar Kambou, Gerard Boreux, Sebastien Buitano, Mapi M. Korman, Vijdan Kubota, Megumi |
author_facet |
Chuhan-Pole, Punam Calderon, Cesar Kambou, Gerard Boreux, Sebastien Buitano, Mapi M. Korman, Vijdan Kubota, Megumi |
author_sort |
Chuhan-Pole, Punam |
title |
Africa's Pulse, October 2015 |
title_short |
Africa's Pulse, October 2015 |
title_full |
Africa's Pulse, October 2015 |
title_fullStr |
Africa's Pulse, October 2015 |
title_full_unstemmed |
Africa's Pulse, October 2015 |
title_sort |
africa's pulse, october 2015 |
publisher |
World Bank, Washington, DC |
publishDate |
2015 |
url |
http://documents.worldbank.org/curated/en/2015/10/25116683/africas-pulse-october-2015 http://hdl.handle.net/10986/22722 |
_version_ |
1764452068762845184 |