African Economic Outlook 2014

Global Value Chains and Africa's Industrialisation

image of African Economic Outlook 2014

The African Economic Outlook 2014 analyses the continent’s growing role in the world economy and predicts two-year macroeconomic prospects. It details the performance of African economies in crucial areas: growth, financing, trade policies and regional integration, human development, and governance.

Country notes now cover all 54 African countries. They summarise recent economic growth, forecast gross domestic product for 2014 and 2015, and highlight the main policy issues facing each country. A statistical annex compares country-specific economic, social and political variables.

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External financial flows and tax revenues for Africa

OECD Development Centre

This chapter analyses recent trends in development financial flows from African countries’ perspectives. It compares foreign direct investments, portfolio investments, remittances and official development assistance with the trends in tax revenues. It also describes the relative importance of each of these flows for various country income groupings. While different in nature, these flows constitute the main sources available for African countries to meet their financing needs. Using data starting from 2000, the chapter provides estimates for 2013 and projections for 2014.

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