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African Economic Outlook 2006

image of African Economic Outlook 2006

This fact-filled reference book brings the reader the latest available economic information for most of the economies of Africa.  Drawing on the expertise of both the African Development Bank and the OECD, it opens with an overview that examines the international environment, macroeconomic performance, progress towards attaining the Millennium Development Goals, and governance and political issues.  This edition includes a special section on transport infrastructure issues.  The second part provides individual country reports for 30 countries.  Each country report provides an assessment of recent economic performance, projections for 2006 and 2007, an examination of structural issues, and a discussion of the political and social context.  The statistical annex presents 23 tables comparing economic and social variables across all the countries of Africa.

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Benin

OECD Development Centre

Following satisfactory macroeconomic results during the 1990s, Benin now faces a significant slowdown of growth; the real growth rate was only 3.4 per cent in 2004, while it averaged 5 per cent during the 1990s. With a population growth rate of 3.1 per cent, poverty reduction is inevitably very slow. This slowdown is due to both temporary and structural factors. The year 2004 was characterised by a difficult regional and international environment for Benin’s economy...

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