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African Economic Outlook 2012

Promoting Youth Employment

image of African Economic Outlook 2012

This 11th edition of the African Economic Outlook reviews recent economic, social and political developments and the short-term likely evolutions of 53 African countries. This year’s edition will for the first time cover Eritrea and South Sudan. The focus of the 2012 AEO is the promotion of youth employment in Africa, presenting a comprehensive review of both challenges and opportunities Africa faces in providing its young population with sufficient and decent jobs.

Full-length country notes are available on www.africaneconomicoutlook.org

 

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Benin

OECD Development Centre

Economic activity gradually recovered in 2011 following the presidential election in March and the general election in April. The growth rate rose from 2.5% in 2010 to 3.0% in 2011 thanks to the recovery of agriculture after the 2010 floods and the improvements to the country’s infrastructure. The recovery should continue into 2012 and 2013 with growth rates of 4.2% and 4.1% respectively. Nevertheless, Benin’s economy, which is too highly concentrated on agriculture and trade, is vulnerable to external shocks. However, Benin should experience strong, sustainable growth for the period 2011-15 thanks to strategies aimed at modernising and diversifying agriculture and developing infrastructure.

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