“A $30 decline in oil price over the baseline level shows that, among developing regions, Sub-Saharan Africa is the most impacted, with GDP growth declining by some 1.3 percentage points and current account balances worsening by 4.5 percentage points in 2014 compared to baseline projections.”


Africa’s Pulse (World Bank report)



From GFMag.com — Our online readers have their say


Which country or region is most likely to be the new Japan—that is, enter a long period of deflation and economic stagnation?