This book describes the reforms needed to move small middle-income countries in sub-Saharan Africa to advanced-economy status. The result of intense discussions with public officials in the countries covered, the book blends rigorous theory, econometrics, and practitioners' insights to come up...

A roadmap to "rethinking macro" / Olivier Blanchard and Rafael Portillo -- Debt supercycle not secular stagnation / Kenneth Rogoff -- Rethinking secular stagnation after seventeen months / Lawrence Summers -- Systemic risk and financial regulation -- A note from the session on systemic risk and...

Latin America: rising to new challenges / Dora Iakova, Sebastián Sosa, and Alejandro Werner -- Potential growth in Latin America / Sebastián Sosa, Evridiki Tsounta, and Hye Sun Kim -- After the boom: commodity prices and economic growth in Latin America and the Caribbean / Bertrand Gruss --...

Introduction and overview Jean A.P. Clément -- Sustaining growth takeoffs : lessons from Mozambique Jean A.P. Clément and Shanaka J. Peiris -- Halving the poverty rate by 2015 Louise Fox, Rui Benfica, and Melissa Sekkel -- Sustaining growth in the long term Sam Jones -- Monetary and financial...