World Economics - The journal of current economic analysis and policy
Welcome 24 May 2013 Search
Article Overview
Sub-Saharan Africa Outlook and challenges Veronica Kalema
Volume 12, Number 2, 2011, pages 105 - 116
Sub Saharan Africa’s (SSA’s) growth bounced back to 5% in 2010 following a slowdown to 2.8% in 2009 because of the GFC. Moreover, SSA’s 5-plus growth rate is sustainable. Improvements in domestic fundamentals due to better economic management and improved political stability have been mainly responsible for the turnaround in the past decade. The impact of high commodity prices, reorientation of trade to fast growing Asian countries, advances in new technology, especially mobile telephony, will continue to be growth drivers. SSA’s good growth prospects will be underpinned by domestic demand and a surge in Asian demand for some time. However, growth could be higher still, more durable and job-creating if some of the region’s key constraints – infrastructure, governance and skills – were addressed.




Not a subscriber? - Click here to subscribe to World Economics today.

CALL FOR PAPERS
World Economics Journal is calling for the submission of papers to the Managing Editor on economic, statistical and accounting issues connected with the production, use and utility of economic data.


FREE TRIAL
Sign up for free papers, data and analysis from World Economics.


FREE CONTENT ALERTS
To subscribe to our free 'Content Alerts' please fill in your details below:

First name:


Last name:


Email:

Copyright © 2013 Economic and Financial Publishing Ltd. All rights reserved. Home |  Site Map |  Terms of Use |  Privacy Policy