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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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Macroeconomic prospects for Africa

OECD Development Centre

This chapter examines the recent macroeconomic developments in Africa and provides a forecast for 2014 and 2015. It is based on detailed country analyses and projections as described in Part three of this report. The chapter looks at the supply and demand conditions affecting Africa’s growth. It also describes the development of commodity prices and inflationary pressures in African countries and discusses monetary and fiscal policy stances, external positions, forecasting risks and policy challenges.

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