Economic Trends in Africa: (The Economic Performance of Sub-Saharan African Countries)

Dhonte, Pierre; Clément, Jean; Matungulu, Mbuyamu; Rehm, Dawn

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Economic Trends in Africa: (The Economic Performance of Sub-Saharan African Countries)

IMF Working Paper No. 93/71

40 Pages Posted: 15 Feb 2006

See all articles by Pierre Dhonte

Dawn Rehm

affiliation not provided to SSRN

There are 2 versions of this paper

Date Written: September 1993

Abstract

This paper surveys recent economic developments in countries in the African Department. In the aggregate, output growth continues to be sluggish, and it is expected that half of the countries will experience a declining income per capita in 1993. However, structural adjustment is making fast progress, especially as regards the liberalization of exchange and credit markets. This bodes well for an eventual improvement in economic performance.

JEL Classification: O55

Suggested Citation: Suggested Citation

Dhonte, Pierre and Clément, Jean and Matungulu, Mbuyamu and Rehm, Dawn, Economic Trends in Africa: (The Economic Performance of Sub-Saharan African Countries) (September 1993). IMF Working Paper No. 93/71, Available at SSRN: https://ssrn.com/abstract=883557