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Economic Report on Africa 2008

Africa and the Monterrey Consensus - Tracking Performance and Progress

image of Economic Report on Africa 2008

Economic Report on Africa (ERA) is the key instrument through which African economic performance is tracked and assessed by the United Nations Economic Commission for Africa (ECA) and the African Union Commission (AUC). One of the main goals of the ERA is to identify policy challenges that countries face on the continent and to suggest practical solutions. ERA 2008 assesses progress in terms of meeting international commitments to Africa in the six core areas of the Monterrey Consensus: mobilizing domestic financial resources for development; mobilizing international resources for development; promoting international trade as an engine of development; increasing international financial and technical cooperation for development; external debt relief and sustainability; and addressing systemic issues.

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Acknowledgements

This Economic Report on Africa, a joint publication of the United Nations Economic Commission for Africa (UNECA) and the African Union (AU), was prepared under the general supervision of the Executive Secretary of UNECA, Abdoulie Janneh, and the President of the African Union Commission (AUC), Alpha Oumar Konaré. The report team was led by Hakim Ben Hammouda, Director of the Trade, Finance and Economic Division (TFED), UNECA and Maxwell Mkwezalamba, AU Commissioner for Economic Affairs.

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