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アイテム
The Global Financial Crisis and Recession
https://doi.org/10.18884/00000615
https://doi.org/10.18884/00000615b4fce084-3716-40e5-9200-eb4887134111
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
JICA-RI_WP_No.15_2010.pdf (632.5 kB)
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| Item type | 報告書 / Research Paper(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2010-04-01 | |||||
| タイトル | ||||||
| タイトル | The Global Financial Crisis and Recession | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Global financial crisis | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | recession | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | development | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Africa | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | current account adjustment | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18ws | |||||
| 資源タイプ | research report | |||||
| ID登録 | ||||||
| ID登録 | 10.18884/00000615 | |||||
| ID登録タイプ | JaLC | |||||
| その他（別言語等）のタイトル | ||||||
| その他のタイトル | ―Impact on and Development Prospects for Africa― | |||||
| 報告年度 | ||||||
| 日付 | 2010-04-01 | |||||
| 日付タイプ | Issued | |||||
| 著者 |
Maswana, Jean-Claude
× Maswana, Jean-Claude |
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| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | This article analyzes how the global financial crisis is affecting African economies and identifies risks ahead with respect to prospects for development. Preliminary assessment shows that the aftershocks of the global meltdown have affected African economies through declines in exports of primary commodities and the relative price of exports, capital inflows, and investment in the infrastructure on which future growth depends. In addition, government revenues are dwindling. Combined with rapidly rising unemployment, the decline has weakened the fragile safety net and caused living standards in most countries to deteriorate. The global recession has served as a reminder that African success stories are still very fragile. The ongoing global rebalancing may negatively affect economic growth prospects in Africa. Short-term policy should therefore focus on expanding fiscal space, rehabilitating physical infrastructure using labor-intensive techniques, and providing social safety nets, such as employment protection. The challenge for Africa should not consist simply of ensuring that national economies return to the precrisis commodity export–led type of growth but that the drivers of growth switch to a more value chain–based and intra-African trade–driven pattern. Addressing the challenges of African postcrisis development requires policies that strengthen the resilience of African economies to external shocks, by investing massively in infrastructure. | |||||
| 号 | ||||||
| 号 | Working Paper;15 | |||||
