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Regional Economic Outlook, April 2019, Sub-Saharan Africa

Recovery Amid Elevated Uncertainty

The economic recovery in sub-Saharan Africa is expected to continue, but at a slower pace than envisaged in October 2018.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

10 Africa: Industrialization Strategy In the Context of Globalization

10 Africa: Industrialization Strategy In the Context of Globalization »

Source: Trade Reform and Regional Integration in Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 December 1998

ISBN: 9781557757692

Keywords: trade liberalization, regional integration, trade reform, trade taxes, tariff rates

The crucial challenge facing policy makers in government and the multilateral agencies is that of framing a new industrial strategy for sub-Saharan Africa in the 21st century. Whatever its limit...

Appendix 2: Measures Used to Characterize Global Supply Chains

Appendix 2: Measures Used to Characterize Global Supply Chains »

Source: Changing Patterns of Global Trade

Series: Departmental Papers / Policy Papers

Author(s): Nagwa Riad , Luca Errico , Christian Henn , Christian Saborowski , Mika Saito , and Jarkko Turunen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2012

ISBN: 9781616352073

Keywords: Emerging markets, Developed countries, International trade, Trade integration, supply chain, gross exports, trade flows, global trade, technology exports

Various measures can be used to characterize global supply chains. Hummels, Ishii, and Yi (2001) were the first to measure the value of imported contents embodied in a country’s exp...

Appendix 4: New Drivers of Global Trade: Key Stylized Facts

Appendix 4: New Drivers of Global Trade: Key Stylized Facts »

Source: Changing Patterns of Global Trade

Series: Departmental Papers / Policy Papers

Author(s): Nagwa Riad , Luca Errico , Christian Henn , Christian Saborowski , Mika Saito , and Jarkko Turunen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2012

ISBN: 9781616352073

Keywords: Emerging markets, Developed countries, International trade, Trade integration, supply chain, gross exports, trade flows, global trade, technology exports

Changes in export composition by trading partner strongly reflect the emergence of EMEs (Figure A4.1). As a consequence, those countries more strongly exposed to EMEs generally expe...

Better Integration into an Increasingly Globalized Economy

Better Integration into an Increasingly Globalized Economy »

Source: Integration and Growth in a Globalized World Economy

Series: Other Statistical Electronic Products

Author(s): Alassane Ouattara

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 September 1999

ISBN: 9781557758477

Keywords: regional integration, world economy, trade liberalization, globalization, global integration

I am honored to be here to share with you the IMF’s thoughts on the turbulent events of the past two years and what lies ahead. With growing signs that the worst of the financial crisis is over, we now have...

13 Beyond Trade: Regional Arrangements as a Window on Globalization

13 Beyond Trade: Regional Arrangements as a Window on Globalization »

Source: Trade Reform and Regional Integration in Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 December 1998

ISBN: 9781557757692

Keywords: trade liberalization, regional integration, trade reform, trade taxes, tariff rates

This chapter argues that regional arrangements can be an important strategic and practical vehicle to help African countries to integrate themselves into the world economy and to take advantage of globalizat...

2. Centrality in the Global and Regional Trade Network

2. Centrality in the Global and Regional Trade Network »

Source: Trade Integration and Global Value Chains in Sub-Saharan Africa : In Pursuit of the Missing Link

Series: Departmental Papers / Policy Papers

Author(s): Céline Allard , Jorge Canales Kriljenko , Jesus Gonzalez-Garcia , Emmanouil Kitsios , Juan Trevino , and Wenjie Chen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 March 2016

ISBN: 9781498349901

Keywords: Exports, International trade, Production, Sub-Saharan Africa, Time series, Trade integration, Econometric models, Goods, Regional trade, trade

Sub-Saharan Africa’s overall progress in trade integration, however, needs to be put in perspective with developments in global trade over the same period. Global trade took off following the implementation...

Changing Patterns of Global Trade

Changing Patterns of Global Trade »

Source: Changing Patterns of Global Trade

Series: Departmental Papers / Policy Papers

Author(s): Nagwa Riad , Luca Errico , Christian Henn , Christian Saborowski , Mika Saito , and Jarkko Turunen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2012

ISBN: 9781616352073

Keywords: Emerging markets, Developed countries, International trade, Trade integration, supply chain, gross exports, trade flows, global trade, technology exports

Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patt...

Chapter 3. Global Trade and Relative Prices: A Sectoral Elasticities Approach

Chapter 3. Global Trade and Relative Prices: A Sectoral Elasticities Approach »

Source: Changing Patterns of Global Trade

Series: Departmental Papers / Policy Papers

Author(s): Nagwa Riad , Luca Errico , Christian Henn , Christian Saborowski , Mika Saito , and Jarkko Turunen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2012

ISBN: 9781616352073

Keywords: Emerging markets, Developed countries, International trade, Trade integration, supply chain, gross exports, trade flows, global trade, technology exports

A highly disaggregated sectoral level approach is used to examine the impact of relative price changes on trade flows and structures. The impact of such macroeconomic policies is often analyzed at the level...

Chapter 2. The Evolving Structure of Global Trade

Chapter 2. The Evolving Structure of Global Trade »

Source: Changing Patterns of Global Trade

Series: Departmental Papers / Policy Papers

Author(s): Nagwa Riad , Luca Errico , Christian Henn , Christian Saborowski , Mika Saito , and Jarkko Turunen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2012

ISBN: 9781616352073

Keywords: Emerging markets, Developed countries, International trade, Trade integration, supply chain, gross exports, trade flows, global trade, technology exports

A. The Diffusion of Key Players in Global Trade Emerging market economies have moved from peripheral players to major centers of global trade. Figure 2 shows the evolution of key pla...

Changing Patterns of Global Trade

Changing Patterns of Global Trade »

Series: Departmental Papers / Policy Papers

Author(s): Nagwa Riad , Luca Errico , Christian Henn , Christian Saborowski , Mika Saito , and Jarkko Turunen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2012

DOI: http://dx.doi.org/10.5089/9781616352073.087

ISBN: 9781616352073

Keywords: Emerging markets, Developed countries, International trade, Trade integration, supply chain, gross exports, trade flows, global trade, technology exports

Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patt...