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3.0 Global Development Challenges for Africa in 2006: Economic Report on Africa 2007
This chapter deals with Africa’s global development challenges in 2006.These challenges
particularly relate to trade negotiations at the multilateral and bilateral level
and to financing development. It is clear from analysis at the continental level that
results are mixed when trade negotiations and the financing development issues are
considered together. Thus, this chapter shows that although there is good news at
the level of financing development with progress in debt relief initiatives, commitment
to scale up aid in order to achieve the MDGs and agreement to improve aid
effectiveness, trade negotiations are far from realizing Africa’s priorities. In particular,
at the level of multilateral trade negotiations, there has been limited progress
towards addressing the priorities of Africa in a way that would enable trade to realize
its potential as a key pillar for economic development of the continent. In the same
vein, bilateral trade negotiations especially between African countries and developed
country economies such as is the case with the EU are raising major challenges given
the centrality of reciprocity in these negotiations.
Related Articles1.8 References: Economic Report on Africa 2007
4.0 Diversification trends in Africa: Economic Report on Africa 2007
V. D. The Future of China-Africa Economic Relations: FACTORS INFLUENCING THE GROWING TIES
References: What Drives China’s Growing Role in Africa?
II.a Merchandise Trade: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA
III. A. China’s African Policy and New Commitments for 2007–09: THE ROLE OF CHINA’S PUBLIC SECTOR
What Drives China’s Growing Role in Africa?
4.4 References: Economic Report on Africa 2007
III. C. Commercial Policies: THE ROLE OF CHINA’S PUBLIC SECTOR
2.6 References: Economic Report on Africa 2007
CONCLUSION: What Drives China’s Growing Role in Africa?
II.C. Other Debt-Creating Financial Flows: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA
Introduction: Human Capital and Economic Development
Forget aid and money Africa needs IDEAS
II.E. Contract Labor and Other Services: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA
SMEs - opportunities in Africa
II.B. Official Development Assistance and Debt Relief: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA
VI. B. Banking Sector Development: WHAT DETERMINES STOCK MARKET DEVELOPMENT IN AFRICA?
Wall Street, “Africa is Investing’s Final Frontier”
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VI. Module III: National, Regional, and International Support
By United Nations Economic Commission for Africa
About the Author: United Nations Economic Commission for Africa
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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.
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