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African Economic Outlook 2009

image of African Economic Outlook 2009

The international financial crisis increases the relevance of this annual publication jointly published by the African Development Bank, the OECD Development Centre and the United Nations Economic Commission for Africa (UNECA). Decision makers in African and OECD countries, such as aid agencies, investors, NGOs and government officials of aid-recipient countries, will all find the analysis critical to their activities.

The African Economic Outlook 2009 reviews the recent economic situation and predicts the short-term evolution of 47 African countries which account for 99% of the continent's economic output and 97% of its population. The Outlook is drawn from a country-by-country analysis based on a unique analytical design. This common framework includes a forecasting exercise for the current and the two following years, using a simple macroeconomic model, together with an analysis of the social and political context. It also contains a comparative synthesis of African country prospects, placing the evolution of African economies in the world economic context.

The 2009 edition focuses on innovation and information and communication technologies (ICT) in Africa, presenting a comprehensive review of their proliferation and use on the African continent. A statistical appendix completes the volume.

The AEO project is generously supported by the European Commission and combines the knowledge of the African Development Bank and the UNECA on African economies with the expertise accumulated by the OECD, which produces the OECD Economic Outlook twice yearly.

This publication provides dynamic links (StatLinks) for graphs and tables. These StatLinks direct the user to a web page where the corresponding data are available in Excel® format.

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Benin

OECD Development Centre

THE SOCIAL AND POLITICAL SITUATION in Benin has been relatively stable since the wide-ranging national consultation took place between 19 and 28 February 1990. This consultation, known as the Conférence nationale des forces vives (National Conference of Dynamic Forces), put an end to the deep social and political crisis that had existed in the late 1980s. Since 1990, Benin has become a model for political transition in sub-Saharan Africa. During this time, three presidents have taken the helm of the country following democratic presidential elections: Nicéphore Soglo (1991-96), Mathieu Kerekou (1996-06) and Thomas Yayi Boni (April 2006-present). Parliamentary elections also took place in April 2007. These elections ran smoothly, with Yayi’s supporters gaining a majority in parliament. Nevertheless, since local elections in April 2008, the president has been confronted with a rebellion in parliament. Political reshuffling has enabled the opposition to re-establish a majority in parliament, thus making it difficult for the government to deploy its programme.

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