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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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Chad

OECD Development Centre

After a slowdown in economic growth in 1999 and 2000 and then a return to growth that was fuelled by investments in the oil sector between 1999 and 2003, the Chadian economy has now entered the oil era. The GDP growth rate accelerated to 31 per cent in 2004 from 11.3 per cent in 2003 as a result of the increase in oil output that followed the start of production in the Doba basin in July 2003. Exports of the “black gold” were the principal driving force behind growth in 2004. A marked reduction was expected in 2005, however, under the impact of a fall....

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