Economic Development in Africa 2001

Performance, Prospects and Policy Issues

This report reviews Africa’s development in the 1990s and analyses the domestic and external impediments to sustained and rapid growth in Africa. It discusses inter alia policy options for enhancing growth and development in Africa in order to meet the objectives set forth by the international community, including that of reducing poverty by half by the year 2015 as contained in the Millennium Declaration. It draws on previous research done in UNCTAD on African development, as well as on new research, particularly with respect to investment, savings and growth, and trade performance and terms of trade.

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