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regional economy

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Issue:

Social Issues

 

Written by:

Michele H

 

Date added:

July 23, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1838

 

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5166 times

 

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Essay content:

These are among the key findings of the April 2007 IMF Regional Economic Outlook for Sub-Saharan Africa. For the third consecutive year, economic growth in Sub-Saharan Africa remained strong at 5.4 percent in 2006 slightly lower than the 6 percent recorded in 2005. Because of constraints faced in expanding oil production, growth in oil exporting countries declined to 5...
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Because of constraints faced in expanding oil production, growth in oil exporting countries declined to 5.6 percent in 2006 from 7.9 percent in 2005. By comparison, growth in oil-importing countries at 5.3 percent was almost unchanged from 2005: nearly half of them recorded growth of 5 percent or more, supported by strong demand for -commodity exports, a good agricultural season, and rising investment...
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