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.

English Also available in: Portuguese, French

Structural transformation and natural resources in Africa

OECD Development Centre

Structural transformation towards more productive activities and better jobs is closely linked with a strong natural-resource sector. To harness Africa’s natural resources for structural transformation, a four-layer policy approach is suggested:

i. establish general framework conditions for structural transformation such as education, infrastructure and access to sufficiently large, regional markets;

ii. establish specific conditions required for natural resource sectors to thrive;

iii. optimise the revenues from natural resources and invest them strategically to promote structural transformation;

iv. address structural transformation directly by increasing agricultural productivity and enabling economic linkages between the natural-resource sector and the economy as a whole.

English Also available in: Portuguese, French


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