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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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Gabon

OECD Development Centre

Gabon is faced with declining oil production, which has been the backbone of its economy since it gained independence. In this context, the country is faced with a two-fold challenge: to create a diverse economic fabric that will rely on the development of natural resources, and the integration of the relatively young population into employment. Gabon aspires to become an emerging country by 2035. This ambition has driven the government to significantly increase public investment in 2010 and 2011, and this policy is likely to continue over the next two years. Gabon’s strategy also encourages domestic and foreign private investment through the special economic zones (SEZs).

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