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African Economic Outlook 2009

image of African Economic Outlook 2009

The international financial crisis increases the relevance of this annual publication jointly published by the African Development Bank, the OECD Development Centre and the United Nations Economic Commission for Africa (UNECA). Decision makers in African and OECD countries, such as aid agencies, investors, NGOs and government officials of aid-recipient countries, will all find the analysis critical to their activities.

The African Economic Outlook 2009 reviews the recent economic situation and predicts the short-term evolution of 47 African countries which account for 99% of the continent's economic output and 97% of its population. The Outlook is drawn from a country-by-country analysis based on 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.

The 2009 edition focuses on innovation and information and communication technologies (ICT) in Africa, presenting a comprehensive review of their proliferation and use on the African continent. A statistical appendix completes the volume.

The AEO project is generously supported by the European Commission and combines the knowledge of the African Development Bank and the UNECA on African economies with the expertise accumulated by the OECD, which produces the OECD Economic Outlook twice yearly.

This publication provides dynamic links (StatLinks) for graphs and tables. These StatLinks direct the user to a web page where the corresponding data are available in Excel® format.

Anglais Egalement disponible en : Français

Tunisia

Centre de Développement de l’OCDE

THE RECENT DOWNWARD REVISION of the gross domestic product (GDP) growth estimates for 2008 and 2009 suggests that the Tunisian economy will feel the negative effects of the economic crisis that is affecting developed countries, particularly in Europe. The real GDP growth rate fell considerably, from 6.3 per cent in 2007 to an estimated 5.1 per cent in 2008; it is expected to fall again in 2009 (4.1 per cent) and rebound slightly in 2010 (4.2 per cent). In spite of the fall-off in growth, the economy weathered the shocks resulting from rising oil and food prices in 2008. The consumer price index rose by only 5 per cent, mainly as a result of continued subsidies for basic food commodities and fuel.

Anglais Egalement disponible en : Français

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