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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OECD Development Centre

An ambitious effort to open up and liberalise the economy initiated in mid-2004 has begun to produce results. GDP growth in 2004/05 was almost 5 per cent (with 5.2 per cent predicted for 2005/06 and 5.4 per cent in 2006/07), and the main macroeconomic indicators were performing well1. The energy, transport and tourism sectors were the drivers of growth. Although access to credit is still a problem for the private sector, the business climate has significantly improved, privatisation is pushing ahead, and domestic and foreign...

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