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

Author

Listed:
  • Mr. Pierre Dhonte
  • Mr. Jean A. P. Clément
  • Mr. Mbuyamu I Matungulu
  • Ms. Dawn Elizabeth Rehm

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.

Suggested Citation

  • Mr. Pierre Dhonte & Mr. Jean A. P. Clément & Mr. Mbuyamu I Matungulu & Ms. Dawn Elizabeth Rehm, 1993. "Economic Trends in Africa: The Economic Performance of Sub-Saharan African Countries," IMF Working Papers 1993/071, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:1993/071
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    Citations

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    Cited by:

    1. Yan, Y.D. & Dhont, J.K.G. & Smits, C. & Lekkerkerker, H.N.W., 1994. "Oscillatory-shear-induced order in nonaqueous dispersions of charged colloidal spheres," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 202(1), pages 68-80.
    2. Fasano-Filho, Ugo, 1996. "Economic policy making in sub-Saharan Africa and IMF involvement," The Quarterly Review of Economics and Finance, Elsevier, vol. 36(Supplemen), pages 115-151.
    3. Sissoko, Yaya & Dibooglu, Sel, 2006. "The exchange rate system and macroeconomic fluctuations in Sub-Saharan Africa," Economic Systems, Elsevier, vol. 30(2), pages 141-156, June.

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