Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns

Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns
Author :
Publisher : International Monetary Fund
Total Pages : 26
Release :
ISBN-10 : 9781484306758
ISBN-13 : 1484306759
Rating : 4/5 (759 Downloads)

Book Synopsis Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns by : Oumar Diallo

Download or read book Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns written by Oumar Diallo and published by International Monetary Fund. This book was released on 2014-02-14 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the extent to which Sub-Saharan Africa (SSA)’s business cycle is synchronized with that of the rest of the world (RoW). Findings suggest that SSA’s business cycle has not only moved in the same direction as that of the RoW, but has also gradually drifted away from the G7 in favour of the BRICs. Trade with the BRICs turns out to be the strongest driver of this shift. Much of this impact unfolds through aggregate demand impulse from trade. As fiscal policy stances in SSA and the BRICs are not synchronized, they have not caused cyclical output correlation between these two groups of countries. Also, financial openness, which is at a very early stage across most SSA countries, has acted as a neutral force.


Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns Related Books

Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns
Language: en
Pages: 26
Authors: Oumar Diallo
Categories: Business & Economics
Type: BOOK - Published: 2014-02-14 - Publisher: International Monetary Fund

GET EBOOK

This paper assesses the extent to which Sub-Saharan Africa (SSA)’s business cycle is synchronized with that of the rest of the world (RoW). Findings suggest t
Rising BRIC and Changes in Sub-Saharan Africa's Business Cycle Patterns
Language: en
Pages: 0
Authors: Oumar Diallo
Categories:
Type: BOOK - Published: 2016 - Publisher:

GET EBOOK

This paper assesses the extent to which Sub-Saharan Africa (SSA)'s business cycle is synchronized with that of the rest of the world (RoW). SSA's business cycle
Patterns of Long Term Growth in Sub-saharan Africa
Language: en
Pages: 52
Authors: Jorge Saba Arbache
Categories:
Type: BOOK - Published: 2012 - Publisher: World Bank Publications

GET EBOOK

Using the most recent purchasing power parity data for 44 sub-Saharan African countries, this paper examines the characteristics of long run growth in Africa be
BRICS and International Tax Law
Language: en
Pages: 384
Authors: Peter Antony Wilson
Categories: Law
Type: BOOK - Published: 2016-04-24 - Publisher: Kluwer Law International B.V.

GET EBOOK

With the ongoing expansion of outbound foreign direct investment (FDI) in the countries representing the BRICS economic bloc (Brazil, Russia, India, China, and
Global Economic Prospects, January 2015
Language: en
Pages: 216
Authors: World Bank Publications
Categories: Business & Economics
Type: BOOK - Published: 2015-01-26 - Publisher: World Bank Publications

GET EBOOK

As in previous years, global growth disappointed in 2014, but a lackluster recovery is underway, with increasingly divergent prospects in major economies and de