African Economic Outlook 2012
Promoting Youth Employment
This 11th edition of the African Economic Outlook reviews recent economic, social and political developments and the short-term likely evolutions of 53 African countries. This year’s edition will for the first time cover Eritrea and South Sudan. The focus of the 2012 AEO is the promotion of youth employment in Africa, presenting a comprehensive review of both challenges and opportunities Africa faces in providing its young population with sufficient and decent jobs.
Full-length country notes are available on www.africaneconomicoutlook.org
Mali
Centre de Développement de l’OCDE
Mali experienced a sharp decline in agricultural production in 2011 due to irregular rainfall and its unfavourable distribution in time and place. This was compounded by external shocks, including the post-election crisis in Côte d’Ivoire, the Libya war and rising oil and food prices. Real gross domestic product (GDP) growth stood at 1.1% in 2011. The poor performance was mainly due to the decline in food production (-16%), which represents almost a quarter of GDP, and especially in rice production (-25%). Growth is expected to reach 6.9% in 2012 and 5.2% in 2013, provided that the crop year is good, that gold and cotton prices rise and that trade with Côte d’Ivoire increases. But forecasts for 2012-13 are overshadowed by uncertainty as a result of political upheaval following the coup and the violence that broke out at the start of 2012.
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