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Bullion

Keywords

Economic crisis, Africa, Financial system, Regional integration

Abstract

The paper reappraises the various measures taken by African governments to curtail the effects of the global economic meltdown. This is with a view to re-emphasizing the need for strong interventions by African governments. The paper is organized into five sections. Aside from the introduction, section two reviews the genesis of the global economic crisis, while section three briefly discusses the impact of the global economic meltdown with greater emphasis on African economies. The global responses as well as African forms of interventions since the global shock are presented in section four of the paper. The summary, recommendations and conclusion are contained in section five.

Author Bio

The author is a staff of Central Bank of Nigeria, Abuja.

Publication Title

CBN Bullion

Issue

2

Volume

34

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