Show simple item record

Show simple item record

 

Show simple item record

dc.description.abstractAfrican nations must diversify and increase the sources of their growth on both the supply and demand sides of the economy for such growth to be both sustainable and transformative to the continent’s people, harped an ECA official today as he presented UNCTAD's Economic Development in Africa Report for 2014, to journalists in Cameroon’s capital, Yaoundé. According to Mr Joseph Baricako, ECA’s Economic Affairs officer who passed off the key messages of the report to the media and development stakeholders, the document clearly states that to effectively reduce poverty, Africa needs to aim for at least a 7 per cent annual growth in the middle and long term. To achieve this goal, the UNCTAD document released on the theme “ Catalyzing Investment for Transformative Growth in Africa” states that it will not suffice to increase the volume of investment in Africa, but to increase productivity or the quality of investment and ensuring that it goes to strategic and priority sectors of an economy. The report says, growth in Africa during the last decades has mostly happened through consumption, without any real impact on job creation, and the reduction in levels of poverty and inequality.en
dc.title18 percent too low as share of investment in Africa's GDPen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::ECONOMIC CONDITIONS::ECONOMIC GROWTHen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::BANKING AND INVESTMENT::FOREIGN INVESTMENTSen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::BANKING AND INVESTMENT::INVESTMENTSen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::BANKING AND INVESTMENT::INVESTMENT PROMOTIONen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::PUBLIC FINANCE::PUBLIC EXPENDITURESen
ags.subjectThesaurusECONOMIC GROWTHen
ags.subjectThesaurusFOREIGN INVESTMENTSen
ags.subjectThesaurusINVESTMENTSen
ags.subjectThesaurusINVESTMENT PROMOTIONen
ags.subjectThesaurusPUBLIC EXPENDITURESen
ags.descriptionNotesLibrary also has French Edition under the title:"18 pour cent trop bas comme contribution d'investissement au PIB africain".en
ags.publisherPlaceAddis Ababa:en
ags.publisherNameUN. ECA,en
dc.date.accessioned2018-12-28T07:36:24Z
dc.date.available2021-09-03T16:09:53Z
dc.date.issued2014-07
dc.identifier.urihttps://hdl.handle.net/10855/31649
uneca.workflow.processedtrue
uneca.language.supporteden
dc.coverage.spatialAFR
dc.coverage.spatialAfrica
dc.format.extent2 p.
dc.languageeng
dc.typePress release
ags.creatorCorporateUnited Nations. Economic Commission for Africa.
ags.subjectThesaurusECONOMIC GROWTH
ags.subjectThesaurusFOREIGN INVESTMENTS
ags.subjectThesaurusINVESTMENTS
ags.subjectThesaurusINVESTMENT PROMOTION
ags.subjectThesaurusPUBLIC EXPENDITURES
ags.subjectClassification02.06.02 Government investment
ags.availabilityNumberb10803300
ags.availabilityNumber2014
ags.availabilityLocationECA-HQ
ags.rights.termsofusepublic
ags.JNb10803300


Files in this item

Thumbnail

This item appears in the following Collection(s)