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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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Mozambique

OECD Development Centre

Mozambique remains a model of successful postconflict transition, with impressive economic growth averaging 8 per cent over the past decade and sustained political stability. Strong economic growth, reaching 7.7 per cent in 2005, continues to be driven primarily by foreign-financed “mega-projects” and large aid inflows. Agriculture is also increasingly contributing to economic growth, despite a drought that has caused severe hardship in the southern part of the country. The outlook for 2006 and 2007 is favourable, with growth expected at 7.9 and 7.3 per cent respectively...

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