Africa: Conflict and state fragility: assessing the impact of the financial crisis
04.09.2009
It was thought that Sub-Saharan Africa would be largely unaffected by the financial crisis. However, as many Sub-Saharan African countries are dependent on foreign finance inflows and are even more dependent on commodity based exports, this has been swiftly revised. Subsequently, economists are now warning that although Africa is the least integrated region, it could actually be the worst hit. Furthermore, as the most conflict-ridden continent in the world, any subsequent exacerbation of resource scarcity could increase unrest across Africa.