Inflationary performance in sub-Saharan Africa since 1996 is examined. Median inflation has tended to be higher than in other regions of the developing world, such as MEAN and Latin America. Inflation is highly persistent and is higher in countries that are less politically stable, in those without hard-peg exchange rate regimes, and in those with larger fiscal def...
....The last two decades have witnessed remarkable improvements in the economic performance of Sub-Saharan African (SSA) countries amid a favourable external environment, progress in macroeconomic management and robust public investment. SSA has experienced greater macroeconomic volatility than other regions of the world; despite the lower volatility of the world e...