Impact of Global Economic Crisis on African Countries: Policy Responses and Options

"African countries have not been isolated from the impact of the downturn in global growth. Some of the questions addressed in this paper are: What are the major channels through which the global financial and economic crisis could spread to African countries and how are the effects being felt in African countries? Which African countries will be able to withstand the crisis created by the downturn in developed economies, and which are most at risk? What are the impacts of the crisis on human development and poverty? What are the policy responses at individual country level, regional level and international level? What are the ways out of the crisis and to mitigate its impact in African countries?"