CPIA Africa, July 2017 : Assessing Africa's Policies and Institutions

Sub-Saharan Africa faced another challenging year in 2016. Economic activity continued to weaken, amid less favorable terms of trade, slowdown in global growth, and difficult domestic conditions. Output growth decelerated sharply to 1.3 percent, th...

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Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/891501500349324004/Assessing-Africas-policies-and-institutions-2016-CPIA-results-for-Africa
http://hdl.handle.net/10986/28283
id okr-10986-28283
recordtype oai_dc
spelling okr-10986-282832021-05-25T09:03:03Z CPIA Africa, July 2017 : Assessing Africa's Policies and Institutions World Bank Group POLICY EVALUATION INSTITUTIONAL CAPACITY REGULATION GOVERNANCE GOVERNMENT EFFECTIVENESS DEBT ECONOMIC MANAGEMENT PUBLIC EXPENDITURE PUBLIC SECTOR REFORM PUBLIC FINANCIAL MANAGEMENT ACCOUNTABILITY Sub-Saharan Africa faced another challenging year in 2016. Economic activity continued to weaken, amid less favorable terms of trade, slowdown in global growth, and difficult domestic conditions. Output growth decelerated sharply to 1.3 percent, the slowest pace in over two decades and not as stellar as the average annual growth of around 5 percent in the pre-global financial crisis period of 1995–2008. Regional growth in 2016 was insufficient to raise gross domestic product (GDP) per capita, which contracted by 1.3 percent. At the same time, Sub-Saharan Africa's poverty rate remains high: 41 percent of the region's population—nearly 390 million people—were living in extreme poverty in 2013. Weak economic performance threatens gains in poverty reduction, and the region urgently needs to regain momentum on growth and make it more inclusive. 2017-09-11T16:08:12Z 2017-09-11T16:08:12Z 2017-07 Report http://documents.worldbank.org/curated/en/891501500349324004/Assessing-Africas-policies-and-institutions-2016-CPIA-results-for-Africa http://hdl.handle.net/10986/28283 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Institutional and Governance Review Economic & Sector Work Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic POLICY EVALUATION
INSTITUTIONAL CAPACITY
REGULATION
GOVERNANCE
GOVERNMENT EFFECTIVENESS
DEBT
ECONOMIC MANAGEMENT
PUBLIC EXPENDITURE
PUBLIC SECTOR REFORM
PUBLIC FINANCIAL MANAGEMENT
ACCOUNTABILITY
spellingShingle POLICY EVALUATION
INSTITUTIONAL CAPACITY
REGULATION
GOVERNANCE
GOVERNMENT EFFECTIVENESS
DEBT
ECONOMIC MANAGEMENT
PUBLIC EXPENDITURE
PUBLIC SECTOR REFORM
PUBLIC FINANCIAL MANAGEMENT
ACCOUNTABILITY
World Bank Group
CPIA Africa, July 2017 : Assessing Africa's Policies and Institutions
geographic_facet Africa
description Sub-Saharan Africa faced another challenging year in 2016. Economic activity continued to weaken, amid less favorable terms of trade, slowdown in global growth, and difficult domestic conditions. Output growth decelerated sharply to 1.3 percent, the slowest pace in over two decades and not as stellar as the average annual growth of around 5 percent in the pre-global financial crisis period of 1995–2008. Regional growth in 2016 was insufficient to raise gross domestic product (GDP) per capita, which contracted by 1.3 percent. At the same time, Sub-Saharan Africa's poverty rate remains high: 41 percent of the region's population—nearly 390 million people—were living in extreme poverty in 2013. Weak economic performance threatens gains in poverty reduction, and the region urgently needs to regain momentum on growth and make it more inclusive.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title CPIA Africa, July 2017 : Assessing Africa's Policies and Institutions
title_short CPIA Africa, July 2017 : Assessing Africa's Policies and Institutions
title_full CPIA Africa, July 2017 : Assessing Africa's Policies and Institutions
title_fullStr CPIA Africa, July 2017 : Assessing Africa's Policies and Institutions
title_full_unstemmed CPIA Africa, July 2017 : Assessing Africa's Policies and Institutions
title_sort cpia africa, july 2017 : assessing africa's policies and institutions
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/891501500349324004/Assessing-Africas-policies-and-institutions-2016-CPIA-results-for-Africa
http://hdl.handle.net/10986/28283
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