Strains in the global banking system have roiled financial markets, but in Sub-Saharan Africa the main impact of the turmoil is likely to feed through via lower commodity prices and tighter external financing conditions, resulting in weaker domestic demand. If balance of payments strains intensify, policymakers in many parts of the region would have to extend or resume their monetary tightening cycles.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services