Africa's Development Dynamics 2018

Growth, Jobs and Inequalities

image of Africa's Development Dynamics 2018

What are the major economic and social trends in Africa? What is Africa’s role in globalisation? This new annual report presents an Africa open to the world and towards the future. Africa's Development Dynamics uses the lessons learned in the five African regions – Central, East, North, Southern and West Africa – to develop recommendations and share good practices. The report identifies innovative policies and offers practical policy recommendations, adapted to the specificities of African economies.

Drawing on the most recent available statistics, this analysis of development dynamics aims to help African leaders reach the targets of the African Union’s Agenda 2063 at all levels: continental, regional, and national. Every year this report will focus on one strategic theme. This first edition explores the dynamics of growth, jobs, and inequalities. It proposes ten decisive actions to promote sustainable economic and social development and to strengthen institutions in Africa.

This volume also feeds into a policy debate between African Union’s nations, citizens, entrepreneurs and researchers. It aims to be part of a new co-operation between countries and regions focused on mutual learning and the preservation of common goods. This report is the result of a partnership between the African Union Commission and the OECD Development Centre.

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Megatrends affecting Africa's integration into the global economy

OECD Development Centre

This chapter presents five megatrends that will shape Africa’s development dynamics in the coming decade. The first megatrend corresponds to the stronger role of emerging countries in the global economy (also referred to as "shifting wealth"). The second is the new production revolution brought about by technological change and digitalisation. The third megatrend relates to the continent’s demographic growth, which could bring "demographic dividends" if countries implement the right policies. The fourth megatrend is rapid urbanisation, which impacts the economic structure of many countries, living conditions and multi-level governance. The fifth megatrend is climate change, which calls for innovative and sustainable "green growth" strategies. For each of these megatrends, the chapter assesses the main risks, opportunities and policy implications for African countries.

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