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THE GHANAIAN ECONOMY is benefiting from one of the most successful reform programmes in Africa, with increased growth reflecting strong economicfundamentals underpinned by anti-inflationary monetary policy and fiscal consolidation.
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RWANDA HAS MADE CONSIDERABLE PROGRESS in rebuilding its economic and social infrastructure since the end of the 1994 war. Real GDP grew by, 6.3 per cent in 2005 and is estimated to have increased by 4.3 per cent in 2006.
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MALAWI IS AMONG THE POOREST countries in the world without a violent internal conflict.While 2005 presented a number of severe challenges, including amajor food-security crisis where close to half the population required emergency food support, GDP growth rebounded strongly in 2006.
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AEO 2007 - Statistical Annex
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MOROCCO’S ECONOMIC PERFORMANCE improved markedly in 2006 and the outlook for 2007 is favourable. Growth reached 7.3 % in 2006, well above the forecast 5.3 % a year earlier, but is expected to slow down to 3.1 % in 2007.
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By South African standards, the country experienced high real GDP growth in2005 and 2006 at around 5 %. But gold mining and agriculture are largely underperforming owing to structural bottlenecks and diminishing prospects.
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DESPITE AN IMPROVED ECONOMIC situation foreshadowing a brighter future, Congo is still suffering overall from the 1990s civil wars, whose devastatingeffects on the populations and infrastructures continue to weigh heavily on economic and social recovery.
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Main areas of work of the OECD Development Centre Programme of Work 2009-2010: Global Development Outlook (GDO), Regional Analysis and Monitoring and Networks.
The economy recorded modest growth of about 2.8 per cent of GDP in 2005 (down from 3.5 per cent in 2004) and budget austerity prevailed after the government’s financial excesses in 2004, which had again prevented the economy reaching co