Inward and Outward Spillovers in the SACU Area PDF Download

Author: Mr.Jorge Iván Canales Kriljenko
Publisher: International Monetary Fund
ISBN: 1475559151
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However, shocks to real GDP growth in South Africa do not seem to systematically affect growth developments in BLNS countries as a group. Nevertheless, vector autoregressions, which allow country-specific parameters, suggest some strong spillovers onto the smaller economies.

Author: Mr.Jorge Iván Canales Kriljenko
Publisher: International Monetary Fund
ISBN: 147552241X
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However, shocks to real GDP growth in South Africa do not seem to systematically affect growth developments in BLNS countries as a group. Nevertheless, vector autoregressions, which allow country-specific parameters, suggest some strong spillovers onto the smaller economies.

Author: Mr.Roger Nord
Publisher: International Monetary Fund
ISBN: 1475583435
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
How does China’s new growth model affect sub-Saharan Africa? To address this question, this paper first looks at the growing ties between China and Africa; attempts to estimate more precisely the impact on growth through the trade channel; and finally draws some policy implications regarding whether this means an end of the Africa Rising narrative or merely the beginning of a new chapter.

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1498329845
Category : Social Science
Languages : en
Pages : 121

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Book Description
The sharp decline in oil and other commodity prices have adversely impacted sub-Saharan Africa. Nevertheless, the region is projected to register another year of solid economic performance. In South Africa, however, growth is expected to remain lackluster, while in Guinea, Liberia, and Sierra Leone the Ebola outbreak continues to exact a heavy economic and social toll. This report also considers how sub-Saharan Africa can harness the demographic dividend from an unprecedented increase in the working age population, as well as the strength of the region's integration into global value chains.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498307779
Category : Business & Economics
Languages : en
Pages : 110

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Book Description
Growth in much of Sub-Saharan Africa is expected to remain strong, driven by efforts to invest in infrastructure and strong agricultural production. The current Ebola outbreak in Guinea, Liberia, and Sierra Leone is exacting a heavy toll, with spillovers to neighboring countries. External threats to the region's overall positive outlook include global financial conditions and a slowdown in emerging market growth.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1484342887
Category : Business & Economics
Languages : en
Pages : 114

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Book Description
The five Regional Economic Outlooks published biannually by the IMF cover Asia and Pacific, Europe, the Middle East and Central Asia, Sub-Saharan Africa, and the Western Hemisphere. In each volume, recent economic developments and prospects for the region are discussed as a whole, as well as for specific countries. The reports include key data for countries in the region. Each report focuses on policy developments that have affected economic performance in the region, and discusses key challenges faced by policymakers. The near-term outlook, key risks, and their related policy challenges are analyzed throughout the reports, and current issues are explored, such as when and how to withdraw public interventions in financial systems globally while maintaining a still-fragile economic recovery.These indispensable surveys are the product of comprehensive intradepartmental reviews of economic developments that draw primarily on information the IMF staff gathers through consultation with member countries.

Author: Dawn Nagar
Publisher: Bloomsbury Publishing
ISBN: 1786736454
Category : Political Science
Languages : en
Pages : 313

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Book Description
Offering an examination of the diplomatic and economic regional power structures in Africa and their relationships with each other, Dawn Nagar discusses the potential and future of pan-Africanism. The three primary regional economic communities (RECs) that are recognised by the African Union as the key building blocks of a united Africa are examined - these are the Common Market for Eastern and Southern Africa (COMESA), the East African Community (EAC) and the Southern African Development Community (SADC). These RECS include Africa's major economies – Egypt, South Africa, and Kenya but are also home to Africa's most conflict prone and volatile states – the Democratic Republic of the Congo (DRC), Burundi, South Sudan, Somalia and Lesotho. Providing a detailed overview of the current relationship between these power blocs, this book provides insight into the current state of diplomatic and economic relations within Africa and shows how far there is to go for a future of Pan-Africanism.

Author: Adekeye Adebajo
Publisher: Bloomsbury Publishing
ISBN: 1786723328
Category : Political Science
Languages : en
Pages : 409

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Book Description
South Africa is the most industrialized power in Africa. It was rated the continent's largest economy in 2016 and is the only African member of the G20. It is also the only strategic partner of the EU in Africa. Yet despite being so strategically and economically significant, there is little scholarship that focuses on South Africa as a regional hegemon. This book provides the first comprehensive assessment of South Africa's post-Apartheid foreign policy. Over its 23 chapters - -and with contributions from established Africa, Western, Asian and American scholars, as well as diplomats and analysts - the book examines the current pattern of the country's foreign relations in impressive detail. The geographic and thematic coverage is extensive, including chapters on: the domestic imperatives of South Africa's foreign policy; peace-making; defence and security; bilateral relations in Southern, Central, West, Eastern and North Africa; bilateral relations with the US, China, Britain, France and Japan; the country's key external multilateral relations with the UN; the BRICS economic grouping; the African, Caribbean and Pacific Group (ACP); as well as the EU and the World Trade Organization (WTO). An essential resource for researchers, the book will be relevant to the fields of area studies, foreign policy, history, international relations, international law, security studies, political economy and development studies.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1513598406
Category : Business & Economics
Languages : en
Pages : 134

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Book Description
Growth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by falling prices of their main commodity exports. Oil-exporting countries, including Nigeria and Angola, have been hit hard by falling revenues and the resulting fiscal adjustments, while middle-income countries such as Ghana, South Africa, and Zambia are also facing unfavorable conditions. This October 2015 report discusses the fiscal and monetary policy adjustments necessary for these countries to adapt to the new environment. Chapter 2 looks at competitiveness in the region, analyzing the substantial trade integration that accompanied the recent period of high growth, and policy actions to nurture new sources of growth. Chapter 3 looks at the implications for the region of persistently high income and gender inequality and ways to reduce them.

Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484309618
Category : Business & Economics
Languages : en
Pages : 137

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Book Description
Economic growth in sub-Saharan Africa as a whole has fallen to its lowest level in 15 years, though with large variation among countries in the region. The sharp decline in commodity prices has severely strained many of the largest economies, including oil exporters Angola and Nigeria, and other commodity exporters, such as Ghana, South Africa, and Zambia. At the same time, the decline in oil prices has helped other countries continue to show robust growth, including Kenya and Senegal. A strong policy response to the terms-of-trade shocks is critical and urgent in many countries. This report also examines sub-Saharan Africa’s vulnerability to commodity price shocks, and documents the substantial progress made in financial develop, especially financial services based on mobile technologies.