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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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Mauritius

OECD Development Centre

IN SPITE OF INCREASES IN THE PRICES of imported food and fuel and of the lingering effects of the end of preferential trade agreements, theMauritian economy has performed well. In 2007 it continued to recover from weakness in the sugar sector, growing by 5.6 per cent, up from 3.9 per cent in 2006. Excluding sugar, the economy has performed even better, as the growth rate was 6.4 per cent compared to 5.3 per cent in the previous year. The good performance of the economy in 2007 was in large part driven by a boom in the tourism sector, which in turn led to strong growth in the construction sector, and by a better performing textile industry.

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