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African Economic Prospects for 2016

Geoff Riley

8th January 2016

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This article from BBC Business is excellent for A2 macro students - especially Edexcel and OCR people. External headwinds are affecting African countries in different ways. Sharp falls in global oil prices have been a blessing for countries dependent on imported crude. But depressed commodity prices are shifting the terms of trade away from primary exporters such as Zambia and Nigeria and leading to reduced investment, worsening fiscal balances and - in many case - a severe depreciation of national currencies.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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