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African Economic Outlook 2016

Sustainable Cities and Structural Transformation

image of African Economic Outlook 2016

The African Economic Outlook 2016 presents the continent’s current state of affairs and forecasts its situation for the coming two years. This annual report examines Africa’s performance in crucial areas: macroeconomics, financing, trade policies and regional integration, human development, and governance. For its 15th edition, the African Economic Outlook  takes a hard look at urbanisation and structural transformation in Africa and proposes practical steps to foster sustainable cities.

A section of country  notes summarises recent economic growth, forecasts gross domestic product for 2016 and 2017, 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

Accelerated growth in Africa since 2000 has increased the opportunities for enhanced trade while the continent is also looking to step up integration between its regions to further boost growth and job creation. This chapter looks at developments in trade, investment flows, integration and income convergence between regions and countries. It suggests ways for policy makers to spur growth and seize trade opportunities so that the income gap can narrow more speedily. The financial sector, infrastructure and new, bigger free trade areas are all analysed to see how they can help the effort.

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