United Nations University (UNU-ONY and UNU-MERIT), in collaboration with UN-DESA Division for Sustainable Development and the UN Office of the Special Advisor on Africa (OSAA), hosted a panel discussion and presentation of the African Economic Outlook (AEO) 2009 in New York, 16th June 2009.
The AEO is an annual report from the Organization for Economic Co-operation and Development (OECD), the (AfDB) African Development Bank and the United Nations Economic Commission for Africa. It provides comprehensive and comparable data and analysis of 47 African economies. The 2009 focus is on ’Innovation in Information Technologies and Communications’ (ICTs).
The panel, co-moderated by Patrick Hayford, Director of the UN Office of the Special Adviser on Africa (OSAA) and Jean-Marc Coicaud, Director of the UNU Office in New York, included speakers such as Leonce Ndikumana, Director of AfDB Research Department and Alexander Aboagye, Economic Adviser to the Director of the UNDP Regional Bureau for Africa, UNDP.
They provided an updated picture of the state of economic, social and political affairs across Africa, and addressed such critical policy questions as the effects of the crisis on Africa’s growth rate; the trends towards stronger South-South trade and development partnerships; the risk for political instability; the progress towards the Millennium Development Goals and poverty reduction; and a special feature for 2009 - How are Innovations in Information and Communication Technology (ICT) driving economic development in Africa?
The speakers gave special attention to governance trends and the use of information and communication technologies to drive economic growth in Africa, and compared oil importer and exporter economies. Mr. Ndikumana particularly underlined the complexity to reach the Millennium Development Goals under the crisis and the need of strategy for a better use of the emerging countries’ investments in Africa, such as the ones from China.
To visit the Panel’s website, click here.
To get an overview of the AEO, please see The African Economic Outlook 2009: In 60 Seconds.
To consult the complete report, please see African Economic Outlook.
This article is also available in French.