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.

English Also available in: French


OECD Development Centre

Madagascar's per capita GDP was average for a developing country in the late 1970s, but three decades of steady economic decline since then have reduced it to about half that. The country’s stock of human resources is now quite small. Average annual GDP growth has been only 0.5 per cent during that period, while the population has increased by an average of 2.8 per cent a year. Today’s Madagascans are much poorer than their parents and grandparents were. This decline in living standards is mainly due to persistently bad government policies that have held back economic...

English Also available in: French

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