Africa's Pulse, No. 16, October 2017
Following a sharp slowdown over the past two years, a recovery is underway in Sub-Saharan Africa. Gross domestic product (GDP) growth in the region is expected to strengthen to 2.4 percent in 2017 from 1.3 percent in 2016, slightly below the pace p...
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okr-10986-284832021-06-14T10:12:14Z Africa's Pulse, No. 16, October 2017 World Bank Group ECONOMIC OUTLOOK RISKS FISCAL TRENDS CRISIS RECOVERY FISCAL ADJUSTMENT DEBT DYNAMICS LABOR SKILLS SKILLS DEVELOPMENT TECHNICAL TRAINING Following a sharp slowdown over the past two years, a recovery is underway in Sub-Saharan Africa. Gross domestic product (GDP) growth in the region is expected to strengthen to 2.4 percent in 2017 from 1.3 percent in 2016, slightly below the pace previously projected. The rebound is being led by the region's largest economies. In the second quarter of 2017, Nigeria exited a five-quarter recession and South Africa emerged from two successive quarters of negative growth. Economic activity has also picked up in Angola. Elsewhere, an increase in mining output along with a pickup in the agriculture sector is boosting economic activity in metals exporters. GDP growth is stable in non-resource intensive countries, supported by domestic demand. But the recovery is weak in several important dimensions. Regional per capita output growth is forecast to be negative for the second consecutive year, while investment growth remains low, and productivity growth is falling. 2017-10-10T16:37:17Z 2017-10-10T16:37:17Z 2017-10 Serial http://documents.worldbank.org/curated/en/572941507636665377/Africas-pulse http://hdl.handle.net/10986/28483 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Africa Sub-Saharan Africa |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
ECONOMIC OUTLOOK RISKS FISCAL TRENDS CRISIS RECOVERY FISCAL ADJUSTMENT DEBT DYNAMICS LABOR SKILLS SKILLS DEVELOPMENT TECHNICAL TRAINING |
spellingShingle |
ECONOMIC OUTLOOK RISKS FISCAL TRENDS CRISIS RECOVERY FISCAL ADJUSTMENT DEBT DYNAMICS LABOR SKILLS SKILLS DEVELOPMENT TECHNICAL TRAINING World Bank Group Africa's Pulse, No. 16, October 2017 |
geographic_facet |
Africa Sub-Saharan Africa |
description |
Following a sharp slowdown over the past
two years, a recovery is underway in Sub-Saharan Africa.
Gross domestic product (GDP) growth in the region is
expected to strengthen to 2.4 percent in 2017 from 1.3
percent in 2016, slightly below the pace previously
projected. The rebound is being led by the region's
largest economies. In the second quarter of 2017, Nigeria
exited a five-quarter recession and South Africa emerged
from two successive quarters of negative growth. Economic
activity has also picked up in Angola. Elsewhere, an
increase in mining output along with a pickup in the
agriculture sector is boosting economic activity in metals
exporters. GDP growth is stable in non-resource intensive
countries, supported by domestic demand. But the recovery is
weak in several important dimensions. Regional per capita
output growth is forecast to be negative for the second
consecutive year, while investment growth remains low, and
productivity growth is falling. |
format |
Serial |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
Africa's Pulse, No. 16, October 2017 |
title_short |
Africa's Pulse, No. 16, October 2017 |
title_full |
Africa's Pulse, No. 16, October 2017 |
title_fullStr |
Africa's Pulse, No. 16, October 2017 |
title_full_unstemmed |
Africa's Pulse, No. 16, October 2017 |
title_sort |
africa's pulse, no. 16, october 2017 |
publisher |
World Bank, Washington, DC |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/572941507636665377/Africas-pulse http://hdl.handle.net/10986/28483 |
_version_ |
1764467011529736192 |