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

54 Pages Posted: 15 Feb 2006

See all articles by Pierre Dhonte

Pierre Dhonte

International Monetary Fund (IMF)

Daudi Ballali

affiliation not provided to SSRN

G. Terrier

International Monetary Fund

Stéphane Cossé

affiliation not provided to SSRN

Multiple version iconThere are 2 versions of this paper

Date Written: September 1994

Abstract

This paper highlights selected recent developments in the economies of sub-Saharan Africa. It notes that the outlook for commodity prices has improved, and with it the outlook for economic activity beyond 1994; it also notes, however, the need for higher savings and investment to sustain growth over the medium term. The paper also covers two aspects of structural adjustment: the liberalization of exchange and trade systems, which has been extensive and has resulted in a sharp reduction in exchange market distortions; and the momentum of regional integration in the CFA countries and in the Southern Africa region.

JEL Classification: 055

Suggested Citation

Dhonte, Pierre and Ballali, Daudi and Terrier, Gilbert L. and Cossé, Stéphane, Economic Trends in Africa: The Economic Performance of Sub-Saharan African Countries (September 1994). Available at SSRN: https://ssrn.com/abstract=883851 or http://dx.doi.org/10.2139/ssrn.883851

Pierre Dhonte (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Daudi Ballali

affiliation not provided to SSRN

No Address Available

Gilbert L. Terrier

International Monetary Fund

700 19th Street, N.W.
Washington, DC 20431
United States

Stéphane Cossé

affiliation not provided to SSRN

No Address Available

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