Economic Report on Africa 2013

Making the Most of Africa's Commodities-Industrializing for Growth, Jobs and Economic Transformation

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Africa’s growth plummeted during its ‘lost decades’ of the 1980s and 1990s while unemployment soared, and production and export bases became more concentrated. Africa boasts significant human and natural resources that can be used to promote industrialization and structural economic transformation through value-addition strategies in all sectors. This publication examines key constraints and opportunities for African countries to make the most of their commodities by adding value through linkage development. It also addresses how African countries can design and implement policies to promote value addition and economic transformation, and reduce their dependence on producing and exporting unprocessed commodities.

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A statistical note

This year’s Economic Report on Africa is based on the latest updated and harmonized data from various sources, including questionnaires developed by the authors. The main economic and social data variables are obtained from the United Nations Department of Economic and Social Affairs (UNDESA) database and the United Nations Statistical Database. Data from the statistical databases of the International Monetary Fund (IMF), African Economic Outlook, Economist Intelligence Unit (EIU), United Nations Centre for Trade and Development, World Bank, International Labour Organization, World Trade Organization and United States International Trade Centre are also used in connection with various economic indicators.

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