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Javier Santiso Director OECD Development Centre Africa Forum, Paris 5 June, 2009 23 April 2009 UNECA How Can Africa Weather the Crisis?
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DEV A policy tank for a better world Non-OECD members 2009 - 15 members OECD members 2009 - 23 members Egypt South Africa India Thailand Brazil Chile Peru Indonesia Morocco Mauritius Romania Vietnam Colombia Israel Costa Rica AfDB (Observer)
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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
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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.
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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:
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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
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Africa must rely on itself to build up its future Policies 3
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AEO.org Africa’s economic portal for policymakers Last but not least, let’s discover… AfricanEconomicOutlook.org
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