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


OECD Development Centre

The political crisis continued in 2011, affecting the economy and society. Higher oil and food prices and poor rainfall also played their part and real GDP rose by only 0.6%, barely more than the 0.5% in 2010. The economy should expand, however, by 2.4% in 2012 and 4.5% in 2013, owing to hopes of a solution to the crisis after agreement on a road-map on 17 September 2011 and the strength of the mining sector. But the ongoing economic crisis in the euro area could undermine this momentum with a fall in demand for Madagascan goods and high unemployment in Europe that could reduce exports and affect the tourist industry.

English Also available in: French

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