European Parliament Library

Regional Economic Outlook, May 2006, Sub-Saharan Africa

Prepared by the Policy Wing of the IMF African Department, and published twice a year in English and French, Regional Economic Outlook: Sub-Saharan Africa analyzes economic performance and short-term prospects of the 44 countries covered by the Department. Topics examined in recent volumes include responses to exogenous shocks, growth performance and growth-enhancing policies, the effectiveness of regional trade arrangements, macroeconomic implications of scaled-up aid, financial sector development, and fiscal decentralization. Detailed country data, grouped by oil-exporting and -importing countries and by subregion, are provided in an appendix and a statistical appendix, and a list of relevant publications by the African Department is included
Table Of Contents
Overview. Recent developments and short-term prospects ; Scaling up aid : macroeconomic challenges ; The financial sector ; Fiscal decentralization -- Recent Developments and short-term prospects. Developments in 2005 ; Oil exporters ; Oil importer ; Official grants and multilateral debt relief ; Outlook for 2006 -- Scaling up aid : macroeconomic implications. Real exchange rate ; Sterilization of aid inflows and inflation ; Impact on revenues ; Impact on growth ; Other fiscal issues ; Governance and growth ; Debt sustainability and management ; Conclusions -- Financial sectors : issues, challenges, and reform strategies. Key characteristics ; economics challenges ; Financial sector reforms ; Elements of a forward-looking reform strategy -- Fiscal decentralization. Objectives ; Features; Impact of fiscal decentralization ; Challenges and ways forward
Literary Form
non fiction
1st ed.
Description based upon print version of record
Physical Description
1 online resource (132 p.)
Specific Material Designation
Form Of Item

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