Africa and the Global Economic Crisis: Strategies for Preserving the Foundations of Long-term Growth

May 12, 2009 | AfDB | AfDB
This paper reviews the evidence on the impact of the crisis on the continent, with an emphasis on the differential effects across sectors and countries. It especially highlights the plight of the poor and the set back on the progress towards the MDGs. It examines strategies for positioning the continent favorably to take advantage of global economic recovery in the medium term. It closes with a discussion of the implied role for the Bank and other development partners.