Sub-Saharan Africa Trade and Growth

The video discusses the robust economic growth in Sub-Saharan Africa in 2012, driven by strong domestic demand despite global challenges. It highlights the projected growth rates for the region, excluding South Africa, and identifies key growth drivers such as investments in mining and services. The impact of trade, particularly with China and other developing countries, is explored, along with the potential effects of fluctuating commodity prices. The video also emphasizes the importance of intra-regional trade in stabilizing external shocks.

What was the growth rate of Sub-Saharan Africa in 2012?

• 4.4%

• 3.4%

• 5.4%

• 6.4%

Which country experienced a double-digit contraction in GDP in 2012?

• South Sudan

• Ghana

• Kenya

• Nigeria

What is the projected growth rate for Sub-Saharan Africa excluding South Africa from 2013 to 2015?

• 7.0%

• 4.4%

• 5.4%

• 6.0%

Which sector is NOT mentioned as a fast-growing sector in Sub-Saharan Africa?

• Transportation

• Agriculture

• Banking

• Telecommunications

What has been a significant driver of growth in Sub-Saharan Africa?

• Decreased investments

• High commodity prices

• Low inflation rates

• Reduced foreign aid

What is the primary composition of trade for most South African countries?

• Primary commodities

• Manufactured goods

• Technology products

• Agricultural products

What could significantly impact the exports of Sub-Saharan African countries?

• Decrease in foreign investments

• Rise in local production

• Decline in commodity prices

• Increase in global demand

What percentage of Sub-Saharan Africa's trade was with China 15 years ago?

• 4%

• 20%

• 10%

• 15%

Which country is mentioned as trading more with its East African neighbors than with Europe?

• South Africa

• Kenya

• Nigeria

• Ghana

What is a potential benefit of reducing trade barriers within Africa?

• Reduction in commodity exports

• Increased reliance on European markets

• Stabilization of external shocks

• Decrease in regional trade