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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

English Also available in: French

South Africa

OECD Development Centre

NOTWITHSTANDING APARTHEID’S LEGACIES of inequality and poverty, the South African government’s fiscal and monetary policies have been remarkably restrained. With low inflation, little indebtedness and a strong currency, the country is now in a favourable position to move more aggressively towards tackling its profound social ills, most crucially the pervasive unemployment. The government is increasing social spending and public...

English

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