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subregions Tagged Articles
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4.3 Conclusion: Economic Report on Africa 2007
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| The following conclusions summarize the results of Africa’s export diversification
efforts and results: |
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4.1 Diversification trends at the subregional level: Economic Report on Africa 2007
| |
| The general picture of the continental performance that was shown in figure 4.1
masks the gains and losses made at the subregional and country levels. Figure 4.3
gives the situation at the subregional level and it compares five subregions defined
around some of the RECs. In 1980, the most diversified subregions were COMESA
and ECOWAS. The least diversified was CEMAC with SADC and North Africa in
between. By 2002, the diversification gains at the subregional level had changed,
with the most significant gains made by SADC, which is now the most diversified
subregion on the continent. It is followed by COMESA and North Africa. CEMAC
has remained the least diversified subregion. |
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2.1 Growth performance II: Economic Report on Africa 2007
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| Subregional growth performance varies substantially |
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Other subregions Related Articles
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2.1 Growth performance I: Economic Report on Africa 2007
| |
| This section examines recent economic performance at the continental and subregional
levels. It discusses disparities in growth performance and the factors behind
the observed disparities across countries and subregions. The analysis pays particular
attention to structural factors such as endowment in natural resources, the role of
policies and institutions as well as non-policy drivers of growth, including exogenous
factors such as natural calamities, geography, and civil conflicts. The discussion highlights
key constraints to growth in Africa and strategies to address these constraints. |
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2.4 Growth prospects for 2007 and the medium-term outlook: Economic Report on Africa 2007
| |
| Africa is expected to grow at a rate of 5.8 per cent in 2007, slightly higher than
the rate recorded in 2006 (5.7 per cent) (figure 2.8). Positive growth rates are projected
for all subregions led by North Africa (6.6 per cent), East Africa (6.0 per
cent), Southern Africa (5.4 per cent), West Africa (4.9 per cent) and Central Africa
(3.5 per cent). |
|
|
4.1 Diversification trends at the subregional level: Economic Report on Africa 2007
| |
| The general picture of the continental performance that was shown in figure 4.1
masks the gains and losses made at the subregional and country levels. Figure 4.3
gives the situation at the subregional level and it compares five subregions defined
around some of the RECs. In 1980, the most diversified subregions were COMESA
and ECOWAS. The least diversified was CEMAC with SADC and North Africa in
between. By 2002, the diversification gains at the subregional level had changed,
with the most significant gains made by SADC, which is now the most diversified
subregion on the continent. It is followed by COMESA and North Africa. CEMAC
has remained the least diversified subregion. |
|
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