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African Economic Outlook 2013

Structural Transformation and Natural Resources

image of African Economic Outlook 2013

The African Economic Outlook is the only annual report that monitors in detail the economic performance of 53 individual countries on the continent, using a strictly comparable analytical framework.

The focus of the 2013 edition if structural transformation and natural resources in Africa. This edition draws lessons from Africa and elsewhere on how to accelerate structural change and amplify the positive force of natural resources. The report also features and overview of Africa's performance and prospects, country notes and a rich statistical annex.

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Côte d'Ivoire

OECD Development Centre

Economic activity after the post-election crisis was more vigorous than expected. The return of confidence among economic actors in the aftermath of the normalisation of the security situation and increased peace efforts was accordingly confirmed. After a fall of 4.7% in 2011 real gross domestic product (GDP) registered growth estimated at 8.6% in 2012, driven by public investment and the pick-up in final consumption. In the medium term the implementation of the National Development Plan (PND) 2012-15 should put the country back on the trajectory of inclusive and sustainable growth. GDP is forecast to grow in 2013 and 2014 at 8.9% and 9.8% respectively, sustained by the recovery of oil and gas production and by a rise in investment prompted by a better business climate and a strengthening of public-private partnerships.

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