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Published byBrandon Curtis Modified over 11 years ago
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Developing countries as the new global growth engine Contribution to world GDP, PPP growth Source: IMF (2010)
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New optimism in Africa
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The Economist, 6 February 2011
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Sub-Saharan Africa in 2011 has an unprecedented opportunity for transformation and sustained growth Verdsbanken Reasons: – Sustained economic growth since the nineties – Stability, democracy – Robust economic reforms – Increased revenues from exports of natural resources – Increased consumption
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Shares of emerging and traditional partners in Africas trade 1992-2009 (in percentage) Source: OECD Development Centre calculations based on ComTrade Data
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Sources of African FDI inflows 1995-2008 Source: UNCTAD, OECD
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Distribution of Africas total trade with emerging partners (2009, in percentage) Source: OECD Development Centre calculations based on ComTrade data.
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Shifting Wealth, OECD, 2010, p. 74
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Shifting Wealth, OECD, 2010, p. 88
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Copyright: Martyn Davies, Frontier Advisory However, new dependency?
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