African Economic Outlook 2016: Sustainable Cities and Structural Transformation

2017-05-10, by OECD, from OECD Development Centre

The African Economic Outlook 2016 presents the continent’s current state of affairs and forecasts its situation for the coming two years. This annual report examines Africa’s performance in crucial areas: macroeconomics, financing, trade policies and regional integration, human development, and governance. For its 15th edition, the African Economic Outlook takes a hard look at urbanisation and structural transformation in Africa and proposes practical steps to foster sustainable cities.

A section of country notes summarises recent economic growth, forecasts gross domestic product for 2016 and 2017, and highlights the main policy issues facing each of the 54 African countries. A statistical annex compares country-specific economic, social and political variables.

Executive Summary:

Africa’s rapid urbanization represents an immense opportunity for its urban and rural development. 

The new urban policies play a key role in economic, social and environmental development, and the national urban strategies need to tackle three challenges, which include better manage country’s economic and social spaces, how to frame the design and implementation of strategies and finance the necessary investment. Countries will have three priorities: improving the provision of infrastructure and services, managing the growth of intermediary cities; and clarifying land rights.

Copyright © 2016 OECD Development Centre. All rights reserved.

http://www.africaneconomicoutlook.org/en/theme/sustainable-cities-and-structural-transformation