Publications

NEW Africa Program Policy Briefs A series of short publications covering timely and salient subjects to Africa and Africa-related policy. The Effects of the Global Financial Crisis on African Economies Since the onset of the financial crisis in 2007 Africa's generally weak integration with the rest of the global economy has proven to be something of a blessing in disguise. While a lack of integration has hindered trade opportunities, and infrastructural development in many countries is not advanced enough to facilitate high levels of profitable regional or international trade, economic isolation has also shielded many countries from feeling the direct and complete effects of the global financial crisis. Nonetheless, African economies will not emerge from the crisis unscathed. The region’s pillars of economic support – trade relations, remittances, foreign aid, and foreign investment – are all threatened by the worldwide recession. Download File (pdf)

Africa Program
Woodrow Wilson Center
One Woodrow Wilson Plaza
1300 Pennsylvania Ave., N.W.
Washington, D.C. 20004-3027
Email: africa@wilsoncenter.org
Tel: 202/691-4354