Survey of economic conditions in Africa, 1970: (part I)

Abstract

The annual survey of the economic conditions in Africa is becoming recognized as one of the more important means of focusing attention on the stage reached in the economic development of the region, on growth trends, and possibly for indication, some of the problem areas which are holding up the rate of increase in real income per head. The present survey has a particular significance in that it covers the last few years of the 1960’s and probably illustrates the economic development trends in Africa on the threshold of the second development decade. Although there are numerous exceptions in general most African countries were not near the average growth rate of 6 per cent a year which has been laid down for the development decade of the 1970s.