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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Main Author: World Bank Group
Format: Serial
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/572941507636665377/Africas-pulse
http://hdl.handle.net/10986/28483
id okr-10986-28483
recordtype oai_dc
spelling 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
repository_type 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
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