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Africa Emerging Issues - November 2011
Over the last one year, a series of events – ranging from the Arab Spring to the European debt crisis and growing food insecurity, particularly in the Horn of Africa – have focused attention on the fragility of the global economic system. An awareness of risk, and risk management, is increasingly viewed as a prerequisite for sustainable and inclusive growth. Indeed, inaction on these and other long-term risks such as climate change could not only derail the long-term sustainability of global economies but also weaken their capacity to meet future challenges.