Front Matter

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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