African Economic Outlook 2005
The African Economic Outlook, a joint project of the African Development Bank and the OECD Development Centre, is an annual review of the recent economic situation and the likely short-term evolution of selected African countries.
The analysis is presented on a country-by-country basis using a unique analytical design. This common framework includes a forecasting exercise for the current and the two following years using a simple macroeconomic model, together with an analysis of the social and political context. It also contains a comparative synthesis of African country prospects, placing the evolution of African economies in the world economic context. A statistical appendix completes the volume.
"OECD has prepared a thorough report on the economic situation in Africa."
-Julius Coles, President, Africare
Also available in: French
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Cameroon
OECD Development Centre
PRESIDENT PAUL BIYA WAS PREDICTABLY re-elected in October 2004 after more than 20 years in power. Meanwhile the country failed to qualify for new international funding by missing the year-end target for reaching completion point under the Heavily Indebted Poor Countries (HIPC) initiative. Economic conditions were good thanks to robust...
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