Cover Regional Economic Outlook, October 2018, Sub-Saharan Africa
Regional Economic Outlook, October 2018, Sub-Saharan Africa
Capital Flows and The Future of Work
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Abstract

The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. Inflation is abating; and fiscal imbalances are being contained in many countries. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to create the number of jobs needed to absorb anticipated new entrants into labor markets.

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Author:
International Monetary Fund. African Dept.
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Series:
Regional Economic Outlook
Publisher:
International Monetary Fund
Language:
English
Publication Date:
11 Oct 2018
DOI:
https://doi.org/10.5089/9781484375396.086
ISBN:
9781484375396
ISSN:
2071-3207
Pages:
68
Keywords:
REO; Sub-Saharan Africa; exchange rate; country; Zimbabwe dollar; country group composite; low-income country; countries in fragile situation; country abbreviation; Emerging and frontier financial markets; Capital flows; Foreign direct investment; Africa; Global; West Africa; Southern Africa; productivity gain; sub-Saharan Africa sovereign; sub-Saharan Africa's export; flows to sub-Saharan Africa; asset flow; advanced economy; sub-Saharan Africa country; sub-Saharan Africa's convergence; IMF staff calculation; Caribbean; Middle East
Legal-disclaimer:
Projections and policy considerations are those of the IMF staff and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.
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