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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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Chad

OECD Development Centre

AFTER STAGNATING FOR MOST of 2006, Chad’s economy shrank 0.3 per cent in 2007 as activity in the oil sector declined. This was despite relatively good non-oil sector results, mainly due to a healthy performance by government services and its positive effects on the activities of non-oil branches.The oil sector contracted because of a fall in output, even though substantial investment was made to deal with premature water flooding in wells and a new oil field (Maikeri) came into production in the second half of 2007.

English

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