Development

Development Centre Newsletter - September

 

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Promoting policy dialogue on natural resource-based development at Africa Down Under

‌‌‌‌‌newsletter september - africa down under

The policy dialogue on natural resource-based development has two aims: building capacity in policy making via peer learning and helping countries identify possible policy options through comparative evidence-based analysis. Hence, Africa’s agricultural, mining and energy resources could boost the continent’s economic growth and pave the way for a breakthrough in human development, according to the African Economic Outlook (AEO) 2013.

At the Africa Down Under Conference, 28 August in Perth, Mario Pezzini presented the latest AEO’s findings on structural transformation and natural resource management in Africa. The report proposes a 4-pronged approach to harness the continent’s natural resources for structural transformation.

More information on the African Economic Outlook.

Logistics are key for economic development in Latin America

 ‌‌‌‌‌‌newsletter september - LATAM

Logistics, the ability to rapidly and reliably move goods and services within and across borders, has paramount implications for economic development. Countries with strong logistics benefit from higher levels of labour productivity, stronger trade performance, deeper regional and global links, as well as lower transaction costs. Furthermore, improved logistics are especially important for vulnerable actors, as they increase the social and economic inclusion of rural areas, as well as raising the competitiveness of SMEs.

These topics will be addressed at the upcoming Ibero-American Forum of Logistics and Ports and the Ibero-American Summit Preparatory Meeting taking place in Panama City on 16-25 September.

Key structural policy changes in emerging Asia

 ‌‌‌‌‌‌newsletter september - asia
© Ji-Yeun Rim

What are the key structural policy challenges in emerging Asia at the moment? During the ASEAN Business Investment Summit on 20 August in Brunei several key issues were discussed: human capital development, infrastructure development, tax reforms, SME development, inequality and informality.

One of the main arguments of the discussion was that capital flows need to be managed carefully. There is room to improve macro prudential policies, but further development of corporate bond markets would help reduce risks from capital inflows. Domestic demand will be the major driver for growth. The expansion of the middle class is likely to continue to boost domestic demand, but this expansion will require a shift in policies. Fiscal capacity is one of the areas where action must be taken. Fiscal capacity needs to be strengthened and structural policies are necessary to enhance productivity.

Around 300 policy makers and business people participated in the ASEAN Summit.

More information on www.oecd.org/dev/asia-pacific

This Month

Promoting policy dialogue on natural resource-based development at Africa Down Under

Logistics key for economic development

Key structural policy changes in emerging Asia

More on Development

Upcoming Events

• 2-15 September

Online discussion on gender, social norms and migration

• Yamoussoukro, 19/09/2013 Workshop on the interrelations between public policies, migration and development in Côte d'Ivoire

• Ouagadougou, 24/09/2013 Workshop on the interrelations between public policies, migration and development in Burkina Faso

• Paris, 07/10/2013

13th International Economic Forum on Africa 2013

• Brunei, 08/10/2013

ASEAN Summit

 

• Panama, 17/10/2013

Launch of Latin American Economic Outlook 2014

Did you know?

… The concentration of road transport in Latin America is 15 times greater than in the United States.

… More than 50% of fruit produced in Latin America is lost or wasted before it reaches its final destination.

The Wire

CNBC

China GDP revision indicates stabilization

The Age

China working on future social risks: OECD

The Guardian

Philanthropists and aid donors must join forces in these straitened times

Revista Perspectiva

Cuando las pequeñas empresas hacen grande la economía

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Countries list

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