Javier Santiso Director OECD Development Centre Africa Forum, Paris 5 June, April 2009 UNECA How Can Africa Weather the Crisis?

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AEO Measuring Africa’s economies since 2001 Comprehensive, independent analysis Short-term macroeconomic forecasts Special annual sectoral focus Key financial backer Junior partners UNECA Lead partner African think tanks Local consultants Experts Network 1.Economic overview & annual thematic focus 2006: Transport 2007: Water and sanitation 2008: Technical & vocational skills 2009: Innovation & ICT 2.47 country chapters 3.Statistical annex and indicators

Global context Africa is still growing fast but… Source: OECD Development Centre / African Development Bank, 2009 Note: the African Economic Outlook is a joint product of the AfDB, the OECD Development Centre and the UNECA.

Policies 1 OECD countries must not forget Africa DAC members' net ODA 1990 – 2007 DAC Secretariat simulations of net ODA to 2008 and 2010 Source: OECD DAC / DCD, 2008 Commit to aid, especially in times of crisis, but also Leverage the countercyclical properties of aid Work together to minimize aid fragmentation to maximize aid effectiveness Donors must:

Policies 2 The emerging world is not forgetting Africa Source: OECD Development Centre, based on China Mofcom, 2009 India China Source: OECD Development Centre, based on UNCTAD, Nepgen and Jansson 2009 Significant Chinese and Indian investments in African infrastructure, up to April 2008 Real GDP growth in brics

Africa must rely on itself to build up its future Policies 3

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