Guidelines with african specificities second edition 2020. In this report we offer, besides a taste of faras work in 2014, some hints about the fascinating challenges that await us in 2015 and beyond. The africa competitiveness report 20 world economic forum. Malaysia has been scoring a 20th position this year far. The global competitiveness index captures the determinants of longterm growth. Catching the next wave in africa, examines the industries and populations that could propel africas future growth over the next 30 years from three of the regions important economies and regional hubs. The africa competitiveness report 20 english abstract. But the countrys strong ties to advanced economies, notably the euro area, has made it more vulnerable to the economic slowdown of those. Publications building today, a better africa tomorrow. Ict competitiveness in africa english the world bank. Policy implementation uncertainty and why firms hate it, scholarly articles 4448884, harvard kennedy school of government. It calls on the continent to refocus its economic development strategies on industrialization, particularly on the means for formulating and implementing efective industrial policy. The africa competitiveness report 2017 is a special project within the framework of the. Pdf the global competitiveness report 20142015 by wef.
The africa competitiveness report 2015 comes out at an auspicious moment for the continent. Morocco is the 75 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the global competitiveness report published by the world economic forum. The 2014 economic report on africa builds on the previous years report, which made the case for commoditybased industrialization. Theafrica competitiveness report 2015 african development bank. Africa s competitiveness in the global economy aibss africa 2016 conference i aug 17 19 i lagos, nigeria proceedings editors. Global competitiveness report information rw africa. In 2014, a group of leading dominican business leaders. As discussed in the 20 africa competitiveness report, africas share of global trade remains very small, at around 2 percent of world trade, and exports overall remain highly focused on commodities. The global competitiveness report 20142015 assesses the competitiveness landscape of 144 economies, providing insight into the drivers of. The sample has changed slightly from the last report. It similarly considers how innovative publicprivate partnerships, often anchored to potential growth poles, can serve as incubators for selfsustaining. Harnessing tourism for growth and improved livelihoods 3 africa rising this more than any other time is the moment for pursuing tourism as a dynamic development option in ssa.
Boosting jobs through a challenge fund entrepreneurial ecosystem south africa has a low rate of entrepreneurial activity when compared to the average for efficiencydriven economies. Morocco competitiveness rank 20072019 data 20202022. Insead, the leading international business school, in partnership with the world economic forum and the samuel curtis johnson graduate school of management at cornell university, today released the findings of its latest annual technology survey, the global information technology report 2014. The global competitiveness report 202014 features a record number of 148 economies, and thus continues to be the most comprehensive assessment of its kind. The global competitiveness report 202014 iberglobal. Past, present and future ifedapo adeleye, university of tennessee, usa joseph amankwahamoah, university of kent, uk nathaniel boso, university of. Economic report on africa 2014 united nations economic. Research note south africa s performance in the 2014. The africa competitiveness report 2011was prepared by a joint team comprised of jennifer blanke from the world economic forum, giuseppe iarossi from the world bank, and peter ondiege and zuzana brixiova from the african development bank.
The fundamental determinants of competitiveness in african. This practice of assessing competitiveness anchors on two premises namely 1 that. The economic development in africa report 2014 was prepared by a research team consisting of patrick osakwe team leader, rashmi banga and bineswaree bolaky. The world economic forum every year in january publishes this high quality report which looks into many different parameters and indexes to evaluate the global competitiveness of countries. The africa competitiveness report 2017 addressing africas demographic dividend english abstract. Aug 06, 2014 the 2014 african transformation report draws on acets research program of country, sector, and thematic studies to look systematically at transformation as a broad framework for economic growth and development, introducing the african transformation index to help african policymakers see how their countries are transforming and where they stand in relation to their neighbors. The ict sector is socially and economically relevant to africa in that it has been the major. The information and communication technology ict sector has proven to be a strong driver of gross domestic product gdp growth in nations across the world. Since 2004, the global competitiveness report ranks countries based on the global competitiveness index, developed by xavier salaimartin and elsa v. Africa s solid average growth rate of more than 5 percent over the past 15 years bears witness to the regions impressive economic potential.
Among other things the report pointed to the need for larger. The economic literature on competitiveness in africa is focused mainly on the cfa franc zone, principally due to the. It contains a detailed profile for each of the economies included in the study, as well as an extensive section of data tables with global rankings covering over 100 indicators. The report uses knowledge and expertise of the african development bank, the world bank group, and the world economic forum to present a policy vision that can help africa connect its markets and communities through increased regional integration. The africa competitiveness report was first published in 1998 and has, since 2007, been a biennial project highlighting areas that require policy action and investment to ensure africas sustained growth, incorporating the knowledge and expertise of the african development bank, the organisation for economic cooperation and development oecd, the world bank group and the world economic forum. Without urgent action to address stagnating levels of competitiveness, africas economies will not create enough jobs for the. The potential of manufacturing and industrialization in africa. Figure 4 identifies competitiveness hotspots and the regions or countries with weak performance according to the gci. From 1995 to 2010, africas fdi inflows grew at 16% versus 11% for developing world counterparts, and 9% for the world. Volume nine unwto global report on adventure tourism 11 0uyvk\jpvu v 1 klu\yl. May 02, 20 the africa competitiveness report highlights policy action and investment required to ensure africa lays a foundation for inclusive and sustained growth. Without urgent action to address stagnating levels of competitiveness, africa s economies will not create enough jobs for the young people entering the job market if current policies remain unchanged, fewer than onequarter of the 450 million new jobs needed in the next 20 years will be created policy priorities. Africa economic brief resurgent asia and lessons for africa volume 11 issue 1 04mar2020 labor force data analysis. The africa competitiveness report 20 is the result of.
The competitiveness report 2017 african development bank. Africa development forum youth employment in subsaharan africa youth employment in subsaharan africa high fertility and declining mortality rates have led to a very young population in most subsaharan african countries. On average, african economies trail the rest of the. The 2014 global information technology report insead. Africa competitiveness report 2015 reports world economic. Synthesis report 1 foreword this report provides a synthesis of main findings from the oecd portcities programme, created in 2010 in order to assess the impact of ports on their cities and provide policy recommendations to increase the positive impacts of ports on their cities. Dtus annual international energy report 2014 and the associated conference focused on wind energy with a strong involvement of not only dtu wind energy, but several other departments at dtu as well at key stakeholders from the sector in europe and internationally. V\ypzt tourism is one of the most rapidly growing sectors in the world, and adventure. According to the global competitiveness report 20142015, south africas transport infrastructure 32nd is good by regional standards, although its electricity supply does suffer disruptions 99th. Without urgent action to address low levels of competitiveness, africas economies will not create enough jobs for the young people entering the job market. The global competitiveness report gcr is a yearly report published by the world economic. First, the analysis uses different comparator regions, namely, south asia sa, the middle east and north africa mena, latin america and the caribbean lac, and east asia and the pacific eap. Although africa was badly hit by the global crisis, the continent avoided an even worse growth shortfall in 2009, thanks to prudent macroeconomic. The regions labor force is expected to increase by 11 million people per year over the next 10 years.
Africa competitiveness report, this years report features 38 african economies that were covered by the gcr 2014 2015. Global competitiveness report 20142015 reports world. Africa competitiveness report african development bank. The 10 bestperforming countries are shaded in dark red. The africa competitiveness report 20 english world bank. Africas solid average growth rate of more than 5 percent over the past 15 years bears witness to the regions impressive economic potential. The global competitiveness report gcr is a yearly report published by the world economic forum. The global competitiveness index captures the determinants of long term growth. The geographic and sectoral patterns of largescale farmland investments in subsaharan africa, food policy, elsevier, vol. Theafrica competitiveness report 20 world bank group.
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