Sectoral Performance in the African Economy – Some Issues and Trends

RavinderRena ()
Additional contact information
RavinderRena: Eritrea Institute of Technology– Mai Nefhi, Asmara, Eritrea. North East Africa

Indus Journal of Management & Social Science (IJMSS), 2008, vol. 2, issue 1, 1-14

Abstract: African economies are facing the critical challenge of raising the rate of GDP growth and sustaining high growth rates and thus meet the Millennium Development Goals (MDGs). The performance of agriculture is more paradoxical and African exports of industrial goods are dominated by mining and crude oil. The financial systems remain largely underdeveloped both in terms of the size and range of financial instruments and services offered. This article explores the recent growth performance both at the continental and subregional level. It discusses disparities in growth performance and the factors behind the observed disparities across countries and subregions. It also discusses developments at the sectoral level and progress and challenges in human development, closing with a brief exposition of the prospects for 2007. The paper further analyses the HIV/AIDS in the continent and its impact on the economy.

Keywords: African Economy; MDGS; Financial System; Crude Oil; Human Development etc. (search for similar items in EconPapers)
JEL-codes: E2 F31 H11 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://indus.edu.pk/RePEc/iih/journl/1-SectoralPer ... nds-RavinderRena.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iih:journl:v:2:y:2008:i:1:p:1-14

Access Statistics for this article

Indus Journal of Management & Social Science (IJMSS) is currently edited by Dr. Gobind M Herani

More articles in Indus Journal of Management & Social Science (IJMSS) from Department of Business Administration
Bibliographic data for series maintained by Faraz Ahmed ( this e-mail address is bad, please contact ).