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Economic Trends in Africa [electronic resource] : The Economic Performance of Sub-Saharan African Countries / Pierre Dhonte.

By: Dhonte, Pierre.
Contributor(s): Clément, Jean A.P | Dhonte, Pierre | Matungulu, Mbuyamu Ilankir | Rehm, Dawn Elizabeth.
Material type: materialTypeLabelBookSeries: IMF Working Papers; Working Paper: No. 93/71Publisher: Washington, D.C. : International Monetary Fund, 1993Description: 1 online resource (40 p.).ISBN: 1451849192 :.ISSN: 1018-5941.Subject(s): Exchange Rate Regimes | Exchange Rate | Exchange Rates | Exchange Systems | Terms of Trade | Botswana | Burkina Faso | Cameroon | Congo, Democratic Republic of the | GuineaAdditional physical formats: Print Version:: Economic Trends in Africa : The Economic Performance of Sub-Saharan African CountriesOnline resources: IMF e-Library | IMF Book Store 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.
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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.

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