By OECD OCDE
The African monetary Outlook 2009 studies the new monetary scenario and predicts the momentary evolution of forty seven African nations which account for ninety nine% of the continent's fiscal output and ninety seven% of its inhabitants. The Outlook is drawn from a country-by-country research in accordance with a special analytical layout. This universal framework incorporates a forecasting workout for the present and the 2 following years, utilizing an easy macroeconomic version, including an research of the social and political context. This Overview incorporates a comparative synthesis of African state clients, putting the evolution of African economies on the planet monetary context. it is also a bit on innovation and knowledge and conversation applied sciences (ICTs) in Africa, featuring a complete assessment in their proliferation and use at the African continent, in addition to a statistical annex. A URL is supplied for linking to the full-length kingdom notes.
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Extra info for African Economic Outlook 2009
OECD DAC (2009), op. cit. 15. See OECD DAC (2009), op. , Annex A, Chart 2 16. Fragile states, a group of 38 countries affected by conflict or burdened with a legacy of weak governance refers also to countries where the Millennium Development Goals (MDGs) are hardest to attain. For a list of fragile states, refer to bottom of Chart 4 in Annex A. (OECD DAC, 2009, op. ) 17. See Annex A, Charts 3 and 4 of OECD DAC (2009), op. cit. 18. Refer to the part on “Progress in making aid more effective” 19.
The DAC Network on Development Evaluation is also working to improve the quality of evaluation systems by producing and distributing evaluation quality standards, glossaries and guidance. Finally, it should be mentioned that the proliferation of aid channels has been combined with fragmented aid. ODA fragmentation can be damaging to the effectiveness of ODA, particularly in recipient countries with low institutional capacity, as it may increase the transaction costs of aid. Fragmentation is manifested in different forms, such as the number of donor-funded activities, the financial size of aid commitments and the dispersion of small-scale free-standing technical assistance as a modality (instrument) of aid delivery.
While the DAC Secretariat’s assessment of donors’ stated spending plans through 2010 indicate that a sizeable increase in total ODA and in ODA for Africa will occur, the expected increases will not be enough to meet the Gleneagles commitments in Figure 6. An OECD survey9 of donors’ forward spending plans showed that, at country or regional levels, donors have already programmed an additional USD 17 billion by 2010 compared to 2004 levels. Record replenishments of IDA and the African and Asian Development Banks will add about another USD 4 billion to this figure in 2010.
African Economic Outlook 2009 by OECD OCDE