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Care for the environment, for the health and education of populations are not merely options for the rich world, but are imperatives for developing countries if they are to maintain the momentum of economic growth.
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13-May-2005
Against a backdrop of sustained global growth and high commodity prices, Africa has experienced its best economic performance in many years. While recent economic performance is not merely driven by favourable external factors, African economies still lack proper “shock-absorbers” to withstand internal and external shocks alike. They remain strongly vulnerable. In this context, creating the conditions for the development of indigenous drivers of economic activity is a top priority.
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