Africa's Pulse, No. 19, April 2019 : An Analysis of Issues Shaping Africa’s Economic Future

Economic growth in Sub-Saharan Africa is estimated to have decelerated from 2.5 percent in 2017 to 2.3 percent in 2018, below the rate of growth of population for a fourth consecutive year. Regional growth in 2018 is below the pace projected in 2018 October issue of Africa's Pulse {0.4 percenta...

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Main Authors:	Calderon, Cesar, Kambou, Gerard, Korman, Vijdan, Kubota, Megumi, Cantu Canales, Catalina
Format:	Serial
Language:	English
Published:	Washington, DC: World Bank 2019
Subjects:	MACROECONOMIC ANALYSIS COMMODITY PRICES ECONOMIC GROWTH FISCAL POLICY GROSS DOMESTIC PRODUCT INFRASTRUCTURE METALS EXPORTERS MONETARY POLICY OIL SECTOR PUBLIC DEBT
Online Access:	http://hdl.handle.net/10986/31499

id	okr-10986-31499
recordtype	oai_dc
spelling	okr-10986-314992021-05-25T09:55:55Z Africa's Pulse, No. 19, April 2019 : An Analysis of Issues Shaping Africa’s Economic Future Calderon, Cesar Kambou, Gerard Korman, Vijdan Kubota, Megumi Cantu Canales, Catalina MACROECONOMIC ANALYSIS COMMODITY PRICES ECONOMIC GROWTH FISCAL POLICY GROSS DOMESTIC PRODUCT INFRASTRUCTURE METALS EXPORTERS MONETARY POLICY OIL SECTOR PUBLIC DEBT Economic growth in Sub-Saharan Africa is estimated to have decelerated from 2.5 percent in 2017 to 2.3 percent in 2018, below the rate of growth of population for a fourth consecutive year. Regional growth in 2018 is below the pace projected in 2018 October issue of Africa's Pulse {0.4 percentage points lower). This slowdown was more pronounced in the first half of 2018 and it reflected weaker exports among the region's large oil exporters (Nigeria and Angola) due to dwindling oil production amid higher but volatile international prices for crude petroleum. A deeper contraction in Sudanese economic activity and a broad-based growth slowdown among non-resource-intensive countries also played a role. Sub-Saharan African countries with fragile context have made considerable efforts to find a way out of fragility. Regional and sub-regional economic organizations are promoting economic cooperation and addressing security and peace challenges that go beyond national borders. The special topic of this issue of Africa's Pulse argues that the digital economy can unlock new pathways for inclusive growth, innovation, job creation, service delivery and poverty reduction in Africa. The continent has made. great strides in mobile connectivity; however, it still lags the rest of the world in access to broadband. Only 27 percent of the population in the continent have access to internet, few citizens have digital IDs, businesses are slowly adopting digital technologies and only few governments are investing strategically in developing digital infrastructure, services, skills, and entrepreneurship. 2019-04-03T20:56:59Z 2019-04-03T20:56:59Z 2019-04-08 Serial 978-1-4648-1421-1 http://hdl.handle.net/10986/31499 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Africa Sub-Saharan Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	MACROECONOMIC ANALYSIS COMMODITY PRICES ECONOMIC GROWTH FISCAL POLICY GROSS DOMESTIC PRODUCT INFRASTRUCTURE METALS EXPORTERS MONETARY POLICY OIL SECTOR PUBLIC DEBT
spellingShingle	MACROECONOMIC ANALYSIS COMMODITY PRICES ECONOMIC GROWTH FISCAL POLICY GROSS DOMESTIC PRODUCT INFRASTRUCTURE METALS EXPORTERS MONETARY POLICY OIL SECTOR PUBLIC DEBT Calderon, Cesar Kambou, Gerard Korman, Vijdan Kubota, Megumi Cantu Canales, Catalina Africa's Pulse, No. 19, April 2019 : An Analysis of Issues Shaping Africa’s Economic Future
geographic_facet	Africa Sub-Saharan Africa
description	Economic growth in Sub-Saharan Africa is estimated to have decelerated from 2.5 percent in 2017 to 2.3 percent in 2018, below the rate of growth of population for a fourth consecutive year. Regional growth in 2018 is below the pace projected in 2018 October issue of Africa's Pulse {0.4 percentage points lower). This slowdown was more pronounced in the first half of 2018 and it reflected weaker exports among the region's large oil exporters (Nigeria and Angola) due to dwindling oil production amid higher but volatile international prices for crude petroleum. A deeper contraction in Sudanese economic activity and a broad-based growth slowdown among non-resource-intensive countries also played a role. Sub-Saharan African countries with fragile context have made considerable efforts to find a way out of fragility. Regional and sub-regional economic organizations are promoting economic cooperation and addressing security and peace challenges that go beyond national borders. The special topic of this issue of Africa's Pulse argues that the digital economy can unlock new pathways for inclusive growth, innovation, job creation, service delivery and poverty reduction in Africa. The continent has made. great strides in mobile connectivity; however, it still lags the rest of the world in access to broadband. Only 27 percent of the population in the continent have access to internet, few citizens have digital IDs, businesses are slowly adopting digital technologies and only few governments are investing strategically in developing digital infrastructure, services, skills, and entrepreneurship.
format	Serial
author	Calderon, Cesar Kambou, Gerard Korman, Vijdan Kubota, Megumi Cantu Canales, Catalina
author_facet	Calderon, Cesar Kambou, Gerard Korman, Vijdan Kubota, Megumi Cantu Canales, Catalina
author_sort	Calderon, Cesar
title	Africa's Pulse, No. 19, April 2019 : An Analysis of Issues Shaping Africa’s Economic Future
title_short	Africa's Pulse, No. 19, April 2019 : An Analysis of Issues Shaping Africa’s Economic Future
title_full	Africa's Pulse, No. 19, April 2019 : An Analysis of Issues Shaping Africa’s Economic Future
title_fullStr	Africa's Pulse, No. 19, April 2019 : An Analysis of Issues Shaping Africa’s Economic Future
title_full_unstemmed	Africa's Pulse, No. 19, April 2019 : An Analysis of Issues Shaping Africa’s Economic Future
title_sort	africa's pulse, no. 19, april 2019 : an analysis of issues shaping africa’s economic future
publisher	Washington, DC: World Bank
publishDate	2019
url	http://hdl.handle.net/10986/31499
_version_	1764474464866664448

Africa's Pulse, No. 19, April 2019 : An Analysis of Issues Shaping Africa’s Economic Future

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