ECA to launch African Economic Outlook next week
The 2013 African Economic Outlook report will be launched on September 26 in Addis Ababa.
The annual report is jointly published by the United Nations Economic Commission for Africa (ECA), the African Development Bank (AfDB), the Development Center of the Organization for Economic Co-operation and Development (OECD), and the United Nations Development Programme (UNDP).
This year’s report, whose theme is “structural transformation and natural resources”, shows that Africa’s economic growth has been resilient in the face of global headwinds and regional shocks.
As with previous editions, the AEO 2013 provides medium-term projections on economic growth and selected macroeconomic indicators, covering 53 countries. Only Somalia is not included in the study. It also includes a rich statistical annex.
The Report highlights the state of play in African countries with respect to structural transformation, and what policy instruments are needed to harness the continent’s diverse natural resources for longer and sustained inclusive growth.
The synopsis of country case studies shows that regional member countries are differently endowed with natural resources, but each country’s available resources provide a unique opportunity of fostering structural transformation through close linkage with other sectors.
Since its inception, the AEO Report has gained both in analytical rigor and readership, making it a hugely anticipated premier publication on Africa’s development prospects.
The key objectives of the AEO are to broaden the knowledge base on African economies and to offer valuable and evidence-based support for policymaking, investment decisions and donor interventions.
The Report has also proven to be a tool for strengthening capacity building for economists in the partner institutions and local experts in the countries covered, thereby reinforcing ownership and sustainability of the exercise.It is available in English, French and an abridged Portuguese version.
