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Interactive Dialogue of the Executive Secretaries with ECOSOC Geneva, Switzerland 6 July 2007 Strengthening efforts at all levels to promote pro-poor sustained economic growth: an African perspective Abdoulie Janneh Under-Secretary-General and Executive Secretary of the Economic Commission for Africa
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Stronger economic performance in Africa 5.7 per cent in 2006 Fragile and insufficient growth for achieving the MDGs Some key challenges Poverty, unemployment, income inequality Commodity dependence Addressing the challenges -- Efforts at three levels National: improved macroeconomic management, structural reforms, enhanced resource mobilization Regional: provision of regional public goods including infrastructure, deepening intra- regional trade Global: increasing ODA flows, debt relief, market access, reform of the international aid architecture Development challenges in Africa
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2004 African Union (AU) Extraordinary Summit in Ouagadougou on Employment and Poverty Alleviation 2007 AU Summit in Addis Ababa on Climate Change and Industrialization Meetings of African Ministers of Trade ECA Conference of African Ministers of Finance, Planning and Economic Development Regional responses
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Two thematic pillars Promoting regional integration in support of the African vision and priorities Meeting Africa’s special needs and emerging global challenges Enhanced partnerships Strengthened subregional presence through the SROs Improved coordination/cooperation of UN activities Emphasis on knowledge management and quality assurance ECA new vision to support the African development agenda
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Knowledge generation, sharing, networking Research and analytical work Facilitating South-South linkages Consensus building and policy advocacy African Development Forum Big Table Technical cooperation, advisory services International trade negotiations MDG-based assessment and planning Macroeconomic policy making Statistics ECA new vision (Cont’d)
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Outcome of the last session of the Commission (April 2007) – A Call for Action Ownership and self-belief MDG-based comprehensive national development strategies Resource mobilization Investment in gender equality Climate change and development Implementation of ODA commitment Generating employment Accelerating Africa’s Development
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Economic diversification – key to success Economic Report on Africa 2007 on diversification shows Reduced macroeconomic instability - Less vulnerability to terms of trade shocks Increased economic growth Higher employment creation Reaping benefits from globalization, through increased trade flows Accelerating Africa’s Development (Cont’d)
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These actions taken together should contribute to a growth framework in African countries that is both pro-poor and sustainable Conclusion
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Thank you! Thank you! Please visit www.uneca.org
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