Economic Report on Africa 2007: Accelerating Africa's Development Through Diversification

Abstract

This first report of its kind, comes as a sequel to the work conducted jointly in 2005 and 2006 on Assessing Regional Integration in Africa (ARIA). It must gain in coming years from the collaboration and involvement of Africa’s other business partners, so that the lofty ideals of moving our countries out of under-development and poverty and of guaranteeing peace, stability and sustainable development, can be attained. The analyses reported in ERA 2007 review the world economy and map out prospects for development in Africa through the institution of structural reforms to diversify and modernize the economy, enhance competitiveness, promote trade, accelerate growth and reduce poverty.