Has the recent financial crisis had an impact on sub-Saharan Africa?
Berman, Nicolas; and Martin, Philippe
(2013)
Has the recent financial crisis had an impact on sub-Saharan Africa?
[Online resource]
Early in the financial crisis, a common view was that Africa’s low level of financial integration may be a blessing in disguise, insulating the region from the direct impact of the crisis. Indeed, it may be that the direct wealth effect has been less important than in other regions that are open in terms of financial flows.
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