Front Matter

Author(s):
International Monetary Fund. African Dept.
Published Date:
April 2007
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    © 2007 International Monetary Fund

    Cataloging-in-Publication Data

    Regional economic outlook : Sub-Saharan Africa -- [Washington, D.C.] : International Monetary Fund, 2007.

    p. cm. -- (World economic and financial surveys)

    Apr. 2007

    Includes bibliographical references.

    ISBN 978-1-58906-639-7

    1. Economic forecasting -- Africa, Sub-Saharan. 2. African cooperation. 3. Africa, Sub-Saharan -- Economic conditions -- 1960- 4. Africa, Sub-Saharan -- Economic conditions -- 1960- -- Statistics. I. Title: REO. II. International Monetary Fund. III. Series (World economic and financial surveys)

    HC800.R445 2007

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    Contents

    Abbreviations

    AGOA

    African Growth and Opportunity Act

    ATC

    Agreement on Textiles and Clothing

    CEMAC

    Central African Economic and Monetary Community

    COMESA

    Common Market of Eastern and Southern Africa

    CPIA

    Country Policy and Institutional Assessment index

    EBA

    Everything But Arms Initiative

    EITI

    Extractive Industries Transparency Initiative

    EPA

    Economic Partnership Agreement

    EPZ

    Export Processing Zones

    EU

    European Union

    FDI

    Foreign direct investment

    GCC

    Cooperation Council for the Arab States of the Gulf

    GG

    Greenhouse Gas

    HIPC

    Heavily Indebted Poor Countries

    ISO

    International service outsourcing

    IT

    Information Technology

    LAC

    Latin America–Caribbean

    LAR

    Liquid asset ratio

    MDG

    Millennium Development Goal

    MDRI

    Multilateral Debt Relief Initiative

    MENA

    Middle East–North Africa

    MFN

    Most-favored-nation (tariff)

    MTEF

    Medium-Term Fiscal or Expenditure Frameworks

    NSE

    Nairobi Stock Exchange

    ODA

    Official development assistance

    OECD

    Organization for Economic Cooperation and Development

    OPC

    Oil-producing country

    PFM

    Public financial management

    PRSP

    Poverty Reduction Strategy Paper

    RTA

    Regional trade agreement

    SACU

    Southern African Customs Union

    SADC

    Southern African Development Community

    S&P

    Standard and Poor

    SDDS

    Special Data Dissemination Standard

    SFI

    Special fiscal institutions

    SITC

    Standard International Trade Classification

    SSA

    Sub-Saharan Africa

    TFP

    Total factor productivity growth

    UNDP

    United Nations Development Program

    USAID

    U.S. Agency for International Development

    WAEMU

    West African Economic and Monetary Union

    WEO

    World Economic Outlook

    WTO

    World Trade Organization

    Preface

    This report was prepared in the Policy Wing of the African Department of the International Monetary Fund, under the direction of Benedicte Vibe Christensen, Deputy Director. The research was coordinated by Sanjeev Gupta with contributions from Anne-Marie Gulde, Roger Nord, Dan Ghura and S.M. Ali Abbas, Kevin Carey, Naly Carvalho, Valeria Fichera, Dmitry Gershenson, Michael Gorbanyov, Markus Haacker, Jiro Honda, Ulrich Jacoby (who also coordinated the production of the paper), Arto Kovanen, Calvin McDonald, Oduetse A. Motshidisi, Zuzana Murgasova, Piroska M. Nagy, Jan-Peter Olters, Christiane Roehler, Chad Steinberg, Volker Treichel, and Smita Wagh. Gustavo Ramirez and Francis Tyaba prepared the charts and statistical tables, Anne Grant provided editorial assistance, and Emma Morgan was responsible for document production.

    The report benefited from comments from staff in the African Department and other departments of the IMF. Opinions expressed in this report are those of the authors and do not necessarily represent the views of the IMF or its Executive Board. The report is based on data available as of March 29, 2007. James McEuen of the IMF’s External Relations Department copyedited the manuscript and Marina Primorac coordinated production of the printed publication.

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