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
Also available in: French
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Mali
OECD Development Centre
THERE ARE CONSIDERABLE CONSTRAINTS holding back economic development and the reduction of poverty in Mali. The crisis in Côte d’Ivoire highlighted the problems caused by the country’s hemmed-in position, while current tensions between the government and the private concessionaire responsible for electricity production underline the more general difficulty the cost of factors represents for the domestic economy. High factor cost, in a context of strong international...
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