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This paper investigates the channels through which remittances affect macroeconomic volatility in African countries … that remittances-as a share of GDP-have a significant smoothing impact on output volatility but their impact on consumption … volatility is somewhat small. Furthermore, remittances are found to absorb a substantial amount of GDP shocks in these countries …
Persistent link: https://www.econbiz.de/10011281924
: Sub-Saharan Africa analyzes the macroeconomic performance and short-term prospects of sub-Saharan Africa and provides and … the global financial crisis on sub-Saharan Africa, and the other on the impact of the crisis on financial systems in the …
Persistent link: https://www.econbiz.de/10014411117
Growth in much of Sub-Saharan Africa is expected to remain strong, driven by efforts to invest in infrastructure and …
Persistent link: https://www.econbiz.de/10014411634
This paper highlights selected recent developments in the economies of sub-Saharan Africa. It notes that the outlook … Africa region …
Persistent link: https://www.econbiz.de/10014398003
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...
Persistent link: https://www.econbiz.de/10014398193
nationalism in Africa and elsewhere shows remarkable differences both in its roots and its impact, compared with that of the …
Persistent link: https://www.econbiz.de/10011334818
The 2020 Africa Country Policy and Institutional Assessment (CPIA) report covers the period from January to December …
Persistent link: https://www.econbiz.de/10012647434
Burundi is a fragile state with a history of political tensions and weak institutions. Before the Covid-19 pandemic, Burundi was recovering from an economic recession triggered by the 2015 political crisis stemming from the late President Nkurunziza's decision to run for a third term. Real GDP...
Persistent link: https://www.econbiz.de/10012697109
Ghana has been hit hard by the pandemic. The government's proactive response helped contain the spread of COVID-19, protecting lives and limiting the impact on economic activity. However, partly because of the pandemic, the fiscal position worsened considerably last year, with a sharp increase...
Persistent link: https://www.econbiz.de/10012604319
This paper highlights selected recent developments in the economies of sub-Saharan Africa. It notes that the outlook … Africa region …
Persistent link: https://www.econbiz.de/10012781622