TY  - BOOK
ED  - International Monetary Fund.
TI  - Perspectives économiques régionales, Octobre 2009: Afrique subsaharienne Surmonter la tourmente
T2  - Regional Economic Outlook
SN  - 1589069005 :
SN  - 2071-4106
PY  - 2009///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Debt
KW  - imf
KW  - Exporting Countries
KW  - Fiscal Policy
KW  - Importing Countries
KW  - Oil Exporters
KW  - Oil-Importing Countries
KW  - Botswana
KW  - Congo, Democratic Republic of the
KW  - South Africa
KW  - Zimbabwe
N2  - Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October
UR  - http://elibrary.imf.org/view/IMF086/10124-9781589069008/10124-9781589069008/10124-9781589069008.xml
UR  - http://www.imfbookstore.org/IMFORG/9781589069008
ER  -