Since 2008 the global economy has been mired in a serious crisis, perhaps its most important
slowdown since the 1930s, which affects all economic activities and all places. African governments were not responsible for the outbreak of the crisis, but it is nonetheless beginning to affect their economies in numerous ways. Critically, the priorities of African leaders should not change, despite the current turbulence. On the contrary, efforts to achieve goals associated with macroeconomic stability and the promotion of competitiveness should be accelerated.
