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African Economic Outlook 2005

image of 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

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Côte d'Ivoire

OECD Development Centre

CÔTE D’IVOIRE, LONG A MODEL OF STABILITY, with an open economy, social redistribution and ethnic peace, has been torn by a political crisis since a failed coup in September 2002 that split the country into two parts. Lawlessness worsened in 2004 and further violence occurred, notably in March, after the government banned opposition demonstrations, and in November, when clashes with French forces resulted in many...

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