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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South Africa

OECD Development Centre

Gross domestic product (GDP) growth is estimated to have increased to 3.1% in 2011, up from 2.9% in 2010. Growth is expected to slow to 2.8% in 2012 mainly because of domestic structural weaknesses and the fragile global economic recovery. GDP growth is expected to rise to 3.6% in 2013, subject to global recovery taking place and an orderly resolution of the Eurozone fiscal and financial crisis during 2012.

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