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- Economic Report on Africa 2006
- Chapter
Recent Economic Trends in Africa and Prospects for 2006
- Author: United Nations
- Main Title: Economic Report on Africa 2006 , pp 31-62
- Publication Date: March 2007
- DOI: https://doi.org/10.18356/d7972214-en
- Language: English
In 2005, African economies recorded another strong performance, continuing the momentum of strong growth achieved in 2004. The continent benefited from rising global demand for primary commodities, including oil, which resulted in high export earnings for resource-rich countries. In addition, African economies continued to reap the benefits from macroeconomic reform, which translated into consolidation of macroeconomic balances with low inflation rates, declining budget deficits, stabilization of exchange rates and improvements in current account balances.
© United Nations
ISBN (PDF):
9789210598842
Book DOI:
https://doi.org/10.18356/f1705055-en
Related Subject(s):
Economic and Social Development
;
International Trade and Finance
Sustainable Development Goals:
-
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