How Can Africa Weather the Crisis?

Javier Santiso Director OECD Development Centre Africa Forum, Paris 5 June, 2009 23 April 2009 How Can Africa Weather the Crisis?

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2006: Transport

2007: Water and sanitation

2008: Technical & vocational skills

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47 country chapters

Statistical annex and indicators

Key financial backer Junior partner s UNECA Lead partner African think tanks Local consultants Experts Network

Global context Africa is still growing fast but… Source : OECD Development Centre / African Development Bank, 2009 Note : the African Economic Outlook is a joint product of the AfDB, the OECD Development Centre and the UNECA.

Policies 1 OECD countries must not forget Africa DAC members' net ODA 1990 – 2007 DAC Secretariat simulations of net ODA to 2008 and 2010 Source : OECD DAC / DCD, 2008

Commit to aid , especially in times of crisis, but also

Leverage the countercyclical properties of aid

Work together to minimize aid fragmentation

to maximize aid effectiveness

Donors must:

Policies 2 The emerging world is not forgetting Africa Source : OECD Development Centre, based on China Mofcom, 2009 Real GDP growth in brics India China Source : OECD Development Centre, based on UNCTAD, Nepgen and Jansson 2009 Significant Chinese and Indian investments in African infrastructure, up to April 2008

Africa must rely on itself to build up its future Policies 3

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