December 13, 2018
Villagers of Moruleng mining community in South Africa; Sub-Saharan Africa countries can see an increase in growth by relying less on commodities and more on non-resource intensive investments. (Photo: SIPHIWE SIBEKI/Reuters/Newscom)
The story of Africa’s growth rate over recent years is a tale with several story lines. […]
March 9, 2018
The resource curse, or paradox of plenty, is when countries with an abundance of natural resources suffer stagnant economic growth or even contraction.
July 7, 2017
If sunlight is the best disinfectant, as US Supreme Court Justice Louis Brandeis once famously said, can it […]
June 6, 2017
IMF-supported programs are designed to help economies get back on their feet, but what about their impact […]
The IMF’s latest regional economic outlook for Sub-Saharan Africa shows growth at its lowest level in more than 20 years. In this podcast, the African Department’s new Director, Abebe Aemro Selassie, says it’s a mixed story of struggling oil-exporters and strong performers.
By Carla Grasso
If there’s one thing all economists can agree on, it’s the importance of numbers. Without good data, it is difficult to assess how an economy is performing and formulate smart policies that help improve lives. […]
It’s like the European Union but for East Africa.
In this podcast by the IMF, find out how Uganda, Kenya, Tanzania, Rwanda and Burundi stand to benefit from the creation of the East African Community. There will be a common currency as well as more trade and investment too. Will a union also expose them to more risk?
By Min Zhu
(version in Español)
The growth story for frontier economies isn’t the same as China’s in the last two decades, or the United States a hundred years ago. These fast growing, low-income countries have their own story, and it’s not what you might think.