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Economic Diversification in Africa

A Review of Selected Countries

image of Economic Diversification in Africa

This study provides an empirical review of the role of governments, the private sector, regional economic institutions and the broader international community in driving economic diversification. Individual case studies of five African economies describe both the catalysts of and barriers to diversification. The study is published jointly by the United Nations Office of the Special Adviser on Africa (UN-OSAA) and the NEPAD-OECD Africa Investment Initiative.

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Foreword

The global financial and economic crisis has revealed Africa’s vulnerability to external economic shocks. Largely dependent on the export of commodities, many of the continent’s economies suffered setbacks in economic growth and in their efforts to meet the Millennium Development Goals by 2015.

English

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