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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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Gabon

OECD Development Centre

Gabon’s per capita gross domestic product (GDP) is among the highest in sub-Saharan Africa, at almost USD 15 000 at current value, a performance due in large part to the availability of natural resources, especially the exploitation of hydrocarbons. Through the Strategic Plan for Emerging Gabon (PSGE), the authorities have promoted the idea of turning the country into an emerging economy by 2025. This rests on three pillars: “Green Gabon”, “Industrial Gabon” and “Service-Industry Gabon”. The PSGE hopes to bring about an ambitious programme of structural change in the national economy, based on improved governance of the state, the recovery in public and private investment, the development of infrastructure and human resources and a more equitable distribution of national wealth.

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