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African Economic Outlook 2015

Regional Development and Spatial Inclusion

image of African Economic Outlook 2015

The African Economic Outlook 2015 analyses Africa’s growing role in the world economy and predicts the continent’s two-year prospects in crucial areas: macroeconomics, financing, trade policies and regional integration, human development, and governance. This 14th edition analyses regional development and spatial inclusion challenges faced by the continent. A section of one-page notes summarises recent economic growth, forecasts gross domestic product for 2015 and 2016, and highlights the main policy issues facing each of the 54 African countries. A statistical annex compares country-specific economic, social and political variables.

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Trade policies and regional integration in Africa

OECD Development Centre

Africa has long sought deeper economic integration, and this chapter looks at trends and issues in trade and politics with an impact on progress being made at regional and continental levels. The chapter also examines the link between regional integration and spatial economic development, highlighting the impact of integration on industry location in Africa. Regional integration also generates spatial development, and regional institutions play a key role promoting spatial development and inclusion. Regional integration should help spread the gains from closer ties to a wider number of countries and regions. The key observations are intended to help policy makers focus on this, especially the need to help least developed and landlocked countries.

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