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African Economic Outlook 2008

image of African Economic Outlook 2008

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 focus on technical and vocational skills development. The second part provides individual country reports for 35 countries.  Each country report provides an assessment of recent economic performance, projections for 2008 and 2009, an examination of structural issues, and a discussion of the political and social context.  The statistical annex presents 24 tables comparing economic and social variables across all the countries of Africa.

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Botswana

OECD Development Centre

BOTSWANA HAS BEEN AMONG the fastest-growing economies in Africa over the past 40 years. Sound macroeconomic policies and good governance have parlayed the country’s diamond resources into a remarkable transformation from one of the poorest countries in the world at independence to upper middle-income status. These impressive achievements have earned Botswana the highest sovereign debt ratings and best Transparency International anticorruption rank in Africa. GDP growth is estimated to have been 6.0 per cent in 2006/07 and is expected to remain buoyant at over 5 per cent in 2007/08 and 2008/09.

English

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