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Africa's Development Dynamics 2019

Achieving Productive Transformation

image of Africa's Development Dynamics 2019

What are the major economic and social trends in Africa? What is Africa’s role in globalisation? This 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, national, and local. Every year this report will focus on one strategic theme.

This 2019 edition explores policies for productive transformation. It proposes three main policy focus for transforming firms: providing business services to clusters of firms; developing regional production networks; and improving exporting firms’ ability to thrive in fast-changing markets.

This volume 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.

English Portuguese, French

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Public policies for productive transformation in Central Africa

This chapter analyses the public policies needed for productive transformation in Central African countries (Burundi, Cameroon, Central African Republic, Chad, Republic of the Congo, DR Congo, Equatorial Guinea, Gabon, and São Tomé and Príncipe). These countries face structural constraints that hinder their integration into the global economy and hamper inclusive growth. The chapter opens with the analysis of productive structures by reviewing trends in several macroeconomic aggregates as well as Central Africa’s achievements in integrating into the global economy. It then identifies the sectors in which these countries have a revealed or latent specialisation advantage and identifies opportunities for trade growth. It goes on to examine the obstacles the private sector and foreign investors face due to low regional integration. Finally, the chapter proposes public policies to achieve productive transformation in the region.

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