1 Developments in the World Economy and Implications for Africa

Developments in the world economy have important implications for African economies through various channels, including demand for African export commodities, the impact on the trade balance and the cost of external borrowing (via world interest rates). These developments are influenced by monetary, fiscal and trade policies adopted by major industrialized countries as well as by exogenous events such as oil price shocks.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities

Partnerships for the Goals