The Africa Competitiveness Report 2015

World Economic Forum; World Bank; African Development Bank; Organisation for Economic Co-operation and Development

The Africa Competitiveness Report 2015

Autores

World Economic Forum

World Bank

African Development Bank

Organisation for Economic Co-operation and Development

Editor

Geneva: World Economic Forum

Descripción

The Africa Competitiveness Report 2015 comes out at a promising time for the continent: for 15 years growth rates have averaged over 5 percent, and rapid population growth holds the promise of a large emerging consumer market as well as an unprecedented labor force that - if leveraged - can provide significant growth opportunities. Moreover, the expansion of innovative business models, such as mobile technology services, is indicative of the continents growth potential. However, Africa continues to be largely agrarian, with an economy that is underpinned by resource-driven growth and a large and expanding informal sector. Indeed, more than a decade of consistently high growth rates have not yet trickled down to significant parts of the population: nearly one out of two Africans continue to live in extreme poverty, and income inequality in the region remains among the highest in the world. What is more, across sectors - from agriculture to manufacturing and services - productivity levels remain low. It will be necessary to raise productivity across all sectors of the economy to achieve higher growth and create quality employment, and turn this progress into sustainable inclusive growth.

Palabras clave

TARIFFS, RISKS, CAPITAL MARKETS, REGULATORY FRAMEWORK, FISH, UNEMPLOYMENT RATES, ECONOMIC GROWTH, POLICY ENVIRONMENT, ENVIRONMENTAL PROBLEMS, INCOME, AGRICULTURAL PRODUCTION, PRODUCERS, RESOURCE MANAGEMENT, PROPERTY RIGHTS, BALANCE OF PAYMENTS, FINANCIAL RESOURCES, RESOURCE ALLOCATION, LABOR FORCE, STATISTICAL DATA, EMISSIONS, POLITICAL ECONOMY, REVENUES, ENVIRONMENTAL ISSUES, SUSTAINABLE MANAGEMENT, INCENTIVES, ECONOMIC POLICY, DISTRIBUTION, MODELS, EMPIRICAL STUDIES, INPUTS, OWNERSHIP, DECISIONS, DEVELOPED COUNTRIES, EMPIRICAL ANALYSIS, ECONOMIC ACTIVITY, DEVELOPMENT, EFFICIENT REGULATION, OIL PRICES, ARABLE LAND, OIL, FOOD POLICY RESEARCH, POPULATION GROWTH, PRODUCTIVITY, ECONOMETRICS, LABOR PRODUCTIVITY, OPTIONS, EXTERNALITIES, BARRIERS TO ENTRY, DEBT, MARKETS, WELFARE GAINS, NATURAL RESOURCES, METALS, SUBSIDIES, PRODUCTION OUTPUT, EFFICIENCY, FOOD PRODUCTION, MARKET ECONOMIES, TAXES, LAND USE, RESOURCES, UNEMPLOYMENT, EQUITY, PRODUCTIVITY GROWTH, VALUE ADDED, RURAL COMMUNITIES, CAPITAL, WAGES, AGRICULTURAL INTENSIFICATION, CLIMATE CHANGE, ENVIRONMENTAL MANAGEMENT, ECOLOGICAL FACTORS, VALUES, MARKET PRICES, VALUE, COMPETITIVENESS, ECONOMIC STRATEGIES, CREDIT, QUALITY STANDARDS, ENVIRONMENTAL IMPACTS, PURCHASING POWER, PATENTS, NATIONAL INCOME, SUSTAINABLE GROWTH, INTERMEDIATE GOODS, ECONOMY, AGRICULTURE, ENVIRONMENTS, PUBLIC GOVERNANCE, PROPERTY, TAX RATES, ENVIRONMENT, WEATHER PATTERNS, ECONOMICS, TERMS OF TRADE, SECURITIES, BASIC METALS, CAPITAL GOODS, ECONOMIC FACTORS, ECONOMIC DEVELOPMENT, CARTELS, TRADE, LAND, ECONOMIES OF SCALE, COMPARATIVE ANALYSIS, GROWTH RATE, INVESTMENT, EXTREME POVERTY, COMPARATIVE ADVANTAGE, COAL, FARMS, ECONOMIC INFORMATION, COMPETITIVE MARKETS, NET WORTH, REVENUE, EMPIRICAL EVIDENCE, HIGH UNEMPLOYMENT, SCIENTIFIC RESEARCH, RECYCLING, ECONOMISTS, NATURAL RESOURCES ACCOUNTING, PASTURES, AVERAGE PRODUCTIVITY, INTERMEDIATE INPUTS, PROFITS, ENVIRONMENTAL, LABOR MARKETS, PUBLIC GOOD, WETLANDS, GROWTH POTENTIAL, DEMOGRAPHICS, PRICES, NEGATIVE EXTERNALITIES, BENEFITS, ECONOMIES, PRODUCTION PROCESSES, DEVELOPMENT POLICY, PUBLIC GOODS, COMPETITION