Visuel Roger Nord

Roger Nord

Deputy Director of the IMF's African Department

7 published articles

Is the economy of Sub-Saharan Africa still on the rise?
Opinion

Is the economy of Sub-Saharan Africa still on the rise?

The economy of Sub-Saharan Africa is going through an important slowdown, with oil-exportating countries facing particularly difficult times. However, the region still holds huge growth potential.
Roger Nord
Africa: Reducing Inequality Boosts Growth Too
Opinion

Africa: Reducing Inequality Boosts Growth Too

After close to two decades of robust growth, sub-Saharan Africa is facing a pronounced economic slowdown. Lower commodity prices and tighter financing conditions are posing significant challenges for oil producers and middle-income countries on the sub-continent in particular. In the short term...
Roger Nord
Global Value Chains: The Missing Link in Sub-Saharan Africa’s Trade Integration
Opinion

Global Value Chains: The Missing Link in Sub-Saharan Africa’s Trade Integration

Sub-Saharan Africa’s trade flows increased sharply, multiplying by a factor of five over the past 20 years. Is this boom built on commodities only?  My answer is no ! Many countries have increased their integration in global value chains. But, it is also clear that sub-Saharan Africa still has...
Roger Nord
Building Resilience in Africa’s Fragile States
Opinion

Building Resilience in Africa’s Fragile States

About a billion people, a majority in Africa, live in fragile states—countries in which the government is impaired to deliver basic public services to the population and promote security and development. These states have an elevated risk of both political and economic instability. Some countries...
Roger Nord
Africa's challenge: make its growth job-rich and pro-poor
Opinion

Africa's challenge: make its growth job-rich and pro-poor

In spite of over 20 years of robust and sustained economic growth, many countries in sub-Saharan Africa are still falling short of expectations in terms of living standards, poverty reduction and social indicators. The potential for economic growth in Africa is still enormous, and investment...
Roger Nord
Africa Rising: More than a Natural Resource Story
Opinion

Africa Rising: More than a Natural Resource Story

Many people think that Africa’s growth takeoff since the mid-1990s has been simply a commodity story—a ride fueled by windfall gains from high commodity prices. However, in its latest Regional Economic Outlook: Sub-Saharan Africa a team of economists from the IMF’s African Department come to...
Roger Nord
Reforming Energy Subsidies is Critical for Realizing Africa’s Growth Potential
Opinion

Reforming Energy Subsidies is Critical for Realizing Africa’s Growth Potential

A recent study by the IMF estimated that at a global level, energy subsidies amounted to a mindboggling US$ 1.9 trillion. Subsidies come in different forms. In advanced economies, they result mainly from underpricing of energy relative to its true cost to society from pollution and climate...
Roger Nord