Africa Development Indicators 2011
This year's Africa development indicators, which covers some 1,700 macroeconomic, sectoral, and human development indicators dating to the 1960s, comes at a critical time for Sub-Saharan Africa's 48 countries and 841 million people. After...
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Language: | English |
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World Bank
2012
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Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000356161_20111013020332 http://hdl.handle.net/10986/2361 |
Summary: | This year's Africa development
indicators, which covers some 1,700 macroeconomic, sectoral,
and human development indicators dating to the 1960s, comes
at a critical time for Sub-Saharan Africa's 48
countries and 841 million people. After a decade of economic
growth at nearly 5 percent a year, Africa-along with the
rest of the world-was hit hard by the global economic
crisis, but it rebounded within a year. In 2011 the
continent's growth is expected to return to pre crisis
levels. The poverty rate has been declining at about one
percentage point a year, and progress on the millennium
development goals, while insufficient to reach the 2015
targets in many countries, has been substantial. Yet, Africa
faces some of the most formidable development challenges in
the world. First, growth has been uneven, with about 20
fragile and conflict affected states seemingly trapped in
persistent poverty. Second, economic growth has not
translated to productive jobs and more earning opportunities
for Africa's labor force-most of which is engaged in
agriculture and informal enterprises-and especially for the
7-10 million young people entering the labor force each
year. And third, Africa's growth could be faster and
more widespread if it could address its most fundamental
challenges-improving governance and increasing public sector
capacity. A tool for learning, capacity strengthening, and
accountability, Africa development indicators 2011 will
continue to play a critical role in Africa's economic transformation. |
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