What the Chinese slowdown could mean for Africa

by Developed Africa 6. May 2014 09:00

A recent report from the IMF has suggested that the slowdown of China's economy could have repercussions for African economies.

The report made it clear that whilst many African economies have been able to grow in recent years, this is due to structures supported by bigger, more stable, developed economies:

Should growth in these countries—and particularly in China—slow much more than currently envisaged, the implications for the region could be significant"

But that is not to say that the message from the Sub-Saharan African report is a gloomy outlook, but instead it offers solutions to the problems that the changes in Africa could cause. The moves that need to be made in order to protect sub-saharan economies from the effects of the Chinese slowdown are ones that will also set them up for independence in the future as well. 

The way in which African ecnomies can protect themselves from this, is by ensuring insular economic growth that can last. Currently economic structures involve the protection of larger international economies to help procure growth, but these structures need to be adapted so that African economies can be a little less dependent on the health of outside economies. 

To read the report in full, click here.

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