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


English Also available in: Portuguese, French

Burkina Faso

OECD Development Centre

The economic outlook for 2012 is favourable, with growth of 5.3% expected, up from 5.1% in 2011. Inflationary pressure should increase, however, with the inflation rate rising from 2.8% in 2011 to 3.9%. Growth should be driven by the mining industries, cotton ginning and agriculture. The economy is vulnerable to several external factors however: a shortage of rainfall due to the unfavourable climate, the decline in the price of gold and a big increase in the price of oil on the international market.

English Also available in: French

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