S&P Credit Research



Title:

Special Report: Can Sub-Saharan Africa Keep Up The Pace As Global Growth Slows Down?

Price:$500.00
Publication Date:May 05, 2008
Report Type:Commentary
Abstract:CAN SUB-SAHARAN AFRICA KEEP UP THE PACE AS GLOBAL GROWTH SLOWS DOWN? By Konrad Reuss, Johannesburg After several years of outstanding performance, with growth at its highest and inflation at its lowest in over 30 years, the future of sub-Saharan Africa's economic boom is under pressure from a slowing world economy and the ongoing dislocation in global credit markets. In addition, rapid growth in the continent, which has eclipsed the worldwide average growth level since 2001 (but not that of developing Asia or the Commonwealth of Independent States) has brought to the fore Africa's infrastructure shortcomings, with even the dominant South Africa wrestling a severe electricity crisis. Nevertheless, we believe sub-Saharan Africa should prove relatively immune to the effects of
Sector:Global Issuers, Sovereigns
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S&P Credit Research

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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