Feedback Form
Home Features Mastermind Videos About Advertise Blog Network Contact
   

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

Featured Ebook


ebook Famous Entrepreneurs - Modern Empire Builders


Featured Ebook

More Evan Carmichael
More popular articles
- 2007 Circular 230 Revisions
Have A Suggestion?

Sales Lessons From Starbucks And Dell

2.5 Conclusion: Economic Report on Africa 2007

 
African Accounts - Meet The Authors
Andrew , amGLOBAL Consulting Andrew Mack
amGLOBAL Consulting
Benin , BeninMwangi.com Benin Mwangi
BeninMwangi.com
International , Resource International Monetary Fund
Resource
Zahid , BAA Zahid Torres-Rahman
BAA
African Accounts - Meet The Authors
2.5 Conclusion: Economic Report on Africa 2007
   

Despite notable economic recovery in Africa since the turn of the 21st century, the continent still faces important challenges in attaining its development goals. Being highly commodity dependent, growth remains volatile and too low for achieving the MDGs, while pressure from oil prices threatens price stability in oil-importing countries. Macroeconomic balances are driven by developments in the resource sector and continue to worsen for oil-importing African countries. Moreover, external debt remains high and private capital flows insufficient to bridge the gap between domestic savings and necessary investment for Africa to meet the MDGs.

In order to accelerate and sustain growth over a long period of time, Africa needs to create a policy space and embark on innovative growth strategies. In particular, it should address the factors contributing to low and volatile growth through: improved macroeconomic management; increased domestic investment, which requires mobilization of internal and external resources; improved infrastructure (especially transport and energy supply), and diversification away from resource sectors. To learn more about this author, visit United Nations Economic Commission for Africa's Website.

Like this article? Share it with your friends
[Get Copyright Permissions] E-Mail | Print | More  


Related Articles Related Articles
4.0 Diversification trends in Africa: Economic Report on Africa 2007
  The diversification of African economies is one way through which the recent economic growth achievements could be sustained. Africa’s economic transformation can be achieved through both horizontal and vertical d...
1.8 References: Economic Report on Africa 2007
  References
V. D. The Future of China-Africa Economic Relations: FACTORS INFLUENCING THE GROWING TIES
  China’s growing role in Africa is not transitory. As China-Africa economic relations are increasingly based on trade and investment, and trade is based on more than just commodities, the relationship is likely to ...
References: What Drives China’s Growing Role in Africa?
  REFERENCES
CONCLUSION: What Drives China’s Growing Role in Africa?
  This paper intends to provide an assessment, based on fractional information, of China’s economic involvement in Africa and to identify the forces shaping burgeoning China-Africa economic relations. The study is u...

Related Forum Posts Related Forum Posts
Kiva Kiva
Re: New top Banner - my feedback Re: New top Banner - my feedback
April Update: EvanCarmichael.com vs. Entrepreneur.com April Update: EvanCarmichael.com vs. Entrepreneur.com
SEO forum category? SEO forum category?
Evancarmichael.com vs. entrepreneur.com Evancarmichael.com vs. entrepreneur.com
Women in Theatre TV Show - streaming video Women in Theatre TV Show - streaming video
EvanCarmichael.com vs. Entrepreneur.com EvanCarmichael.com vs. Entrepreneur.com
EvanCarmichael vs. Entrepreneur.com EvanCarmichael vs. Entrepreneur.com

 
About the Author


United Nations Economic Commission for Africa
(Visit United Nations's Website)
The United Nations Economic Commission for Africa (ECA) is the regional arm of the United Nations, mandated to support the economic and social development of its member States, foster intra-regional integration, and promote international cooperation for Africa's development.
Have A Suggestion?

View Author's Video
Become An Author

Free Downloads


United Nations Economic Commission for Africa's

Complete
List Of
African-Accounts
Articles


First Name
Last Name
Email
 
If you enjoyed this article, get United Nations Economic Commission for Africa's Complete List of African-Accounts Articles For FREE!
Become An Author