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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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Human development in Africa

OECD Development Centre

This chapter recognises progress in human development in Africa, notably reducing poverty and improving education and health outcomes, and the role trade plays. It highlights the impacts of exclusion, gender inequality and unsustainable development. It also discusses the need to exploit the opportunities that value chains offer and to mitigate the risks they bring, using technology and innovation; doing so can help achieve greater human rights, sustainable economic development and social progress for all – goals of the post-2015 agenda. The chapter illustrates good practices and lessons learned in advancing equitable and sustainable human development.

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