Exports, fdi, and competitiveness in africa 20092010 comparisons gci 20102011 gci 20092010 countryregion rank score rank china 27 4. Values are on a 1to7 scale unless indicated otherwise. The africa competitiveness report 20 comes out at a time of growing international attention focused on africa as an investment destination and mounting talk of an african economic renaissance. 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. Publications building today, a better africa tomorrow. Mission objectives the overall objective of this mission, the final report for which is presented here, is to provide wa and. Africa economic brief resurgent asia and lessons for africa volume 11 issue 1. Indeed, africa has seen what can be termed an economic resurgence over the past decade. Jul, 2000 the biennial africa competitiveness report 20002001 acr is a major research activity of the world economic forum. The wef gci is made up of 12 pillars, each covering a unique area of. 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 economic commission for africa has consistently highlighted this position culminating in the position paper for the 2015 addis ababa action agenda on. The transformational use of information and communication technologies in africa, world bank other operational studies 26791, the world bank. Africa is at a crossroads, and decisions and actions taken.
The continents special case 5 the legacy of apartheid 7 growth challenges 10 catching the next wave. Africa is at a critical juncture in its development trajectory. Africa competitiveness report 20002001 offers objective and subjective rankings of 24 african countries with an analysis of their competitive strengths and. The africa competitiveness report 2011 foro economico mundial. The africa competitiveness report 20 is the result of collaboration among the world economic forum, the world bank, the african development bank, and the ministry of foreign affairs of denmark.
The expected recovery, however, is at a slower pace than previously envisaged for about twothirds of the countries in the region, partly due to a challenging external environment. Africa competitiveness report 2017 world economic forum. South africas performance in the 20172018 world economic forum global competitiveness index slipped 14 positions from the 20162017 wef gci results. They need to know which suppliers can meet quality, quantity and time requirements, and which are financially stable andor may be. Africa competitiveness report african development bank. Growth is projected to remain strong in nonresourceintensive countries, averaging about 6 percent. Guidelines with african specificities second edition 2020 26feb2020 longterm finance in cote divoire.
Part 2 global competitiveness index south africa47 2016. The gcr 20032004 evaluates the economic competitiveness of 102 countries, an increase in coverage of 22 countries, many of them developing countries including 17 in africa. World bank global investment competitiveness report highlights the appeal of investors for information about the availability of local suppliers. The slowdown is largely due to the protracted low commodity prices as well as. The average gdp growth of the region has fallen below 5% since 2015 and is expected to grow at 3. Trade competitiveness of the middle east and north africa. The africa competitiveness report 2015 comes out at a promising time for the continent. In recent years, growth in several african countries has been subdued after more than a decade of solid expansion. This practice of assessing competitiveness anchors on two premises namely 1 that. As the result of a longstanding collaboration, the report incorporates the knowledge and expertise of the african development bank, the world bank group and the world economic forum. This page provides the latest reported value for south africa.
The africa competitiveness report 2011 comes out as the world emerges from the most significant financial and economic crisis in generations. This page provides the latest reported value for morocco competitiveness. The ability of subsaharan africas economies to generate enough jobs for its young and growing population rests on the successful implementation of urgent reforms to boost productivity. Profiling the gauteng cityregions international competitiveness and connections joseph parilla and jesus leal trujillo monday, november 30, 2015. Competitiveness of sadc pdf regional workshop report. The africa competitiveness report 2011,the third report jointly published by our organizations, comes out at a time when africas recovery from the global economic crisis has been faster than it has in many other parts of the world. The ability of subsaharan africa s economies to generate enough jobs for its young and growing population rests on the successful implementation of urgent reforms to boost productivity. The africa competitiveness report 20 is the result of collaboration among. The africa competitiveness report was first published in 1998 and has, since 2007, been a biennial project highlighting areas that require. Global competitiveness report 2019 world economic forum. Efficient and effective domestic resource mobilization can address a substantial portion of this financing shortfall. Africa economic brief resurgent asia and lessons for africa volume 11 issue 1 04mar2020 labor force data analysis. 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. While many advanced economies are still struggling to get their economies back on a solid footing, africa has, for the.
The africa competitiveness report 2011, the third report jointly published by our organizations, comes out at a time when africas recovery from the global economic crisis has been faster than it has in many other parts of the world. Jacklynne hobbs is a freelance writer who reports on business, development. Policies adopted now will determine how quickly the continent accelerates growth and creates prosperity for all. The africa competitiveness report 2017 addressing africas demographic dividend english abstract. Africa competitiveness report 2017 african development.
Johannesburg, wednesday 09 october 2019 brand south africa welcomes the release of the 2019 edition of the world economic forum wef global competitiveness index gci, which indicates south africas overall ranking improved position from 67 out of 140 nations in 2018, to position 60 out 141 nations in 2019. The global competitiveness report gcr is a yearly report published by the world economic. The africa competitiveness report 2011 forum economique mondial. Competitiveness of eac pdf regional workshop report. It is a global competitiveness gap that is particularly concerning, given the world economy faces the prospect of a downturn. Economic report on africa 2019 united nations economic. Publications african development bank building today. Without urgent action to address stagnating levels of competitiveness, africas economies will not create enough jobs for the young people entering the job. While this may be disappointing news for nigeria, it is essential to put things in perspective. It is the result of collaboration between the world economic forum, the international bank for reconstruction and development the world bank, and the african development bank. The potential of manufacturing and industrialization in africa. 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 africa s sustained growth. Africa s longterm outlook from those of nigeria and kenya.
Competitiveness observatory that would be part of the monitoring and evaluation system for the implementation of the agreement. The latest global competitiveness report paints a gloomy picture, yet it also shows that those countries with a holistic approach to socioeconomic challenges, look set to get ahead in the race to. The global competitiveness index in detail south africa slightly improves both its score and ranking 47th. The africa competitiveness report 2017 addressing africa.
Past, present and future ifedapo adeleye, university of tennessee, usa joseph amankwahamoah, university of kent, uk nathaniel boso, university of. Download a pdf of the catching the next wave infographic. But the countrys strong ties to advanced economies, notably the euro area, has made it more vulnerable to the economic slowdown of those. The competitiveness report 2017 african development bank. 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. While the african continent is relatively young and ready to reap a significant demographic dividend as young workers enter the labor force, south africa is relatively more matureand thus its birthrate is slowing. The fundamental determinants of competitiveness in african. The economic prospects of subsaharan africa are at crossing point. 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. The africa competitiveness report 20 english abstract. Essential among these are simplifying importexport proceduresincluding streamlining border administration to reduce the cost of procedures and delays during clearance, and improving the coordination of the clearance process. The africa competitiveness report 20002001 world economic. The africa competitiveness reportfocuses on har nessing africas underutilized resources.
The 2017 edition of the africa competitiveness report comes out at a challenging time for the continent. Report on the west africa competitiveness observatory. While many advanced economies are still struggling to get their economies back on a solid footing, africa has, for the most part, weathered the storm remarkably well. Subsaharan africa the global competitiveness report 2018. The world economic forum has just released the new global competitiveness report and the african press was quick to note that nigeria ranks 115 out of 140 countries worldwide. Brics innovative competitiveness report 2017 editorial board director. Africa competitiveness report 2017 african development bank. 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. The africa competitiveness report 2017 addressing africas. South africa competitiveness rank 20072019 data 2020. After having benefitted from a period of fast growth driven by strong foreign demand and. This is the key finding of the africa competitiveness report 2017. This report discussed the evolution and prospects of manufacturing and industrialization in africa. Africa competitiveness report 2015 reports world economic.
The median in sub saharan africa is the lowest for all the regions analyzed in the latest global competitiveness report. Catching the next wave in africa, examines the industries and. The reportalso contains indepth assessments of the state of competitiveness, the impact of foreign direct investment on the continent, and the trade performance. Gender, entrepreneurship, and competitiveness in africa. Morocco competitiveness rank 20072019 data 20202022. The africa competitiveness report 20 english world bank. Full report pdf 2mb africas economic growth is creating substantial new business opportunities that are often overlooked by global companies.
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. Pdf africas competitiveness in the global economy researchgate. Consequently, addressing genderspecific barriers to entrepreneurship and leveraging the full participation of both men and women in the development of africas private sector together represent a significant opportunity to unleash africas productive potential and to strengthen economic growth. Alexander sokolov chen linhao chen xiong gao changlin guo xiangyu huang maoxing huang wei li minrong wang ling wen jun zhang shirong zhao xijun zhao xinli zhen shimin yang xuemei. The report also contains detailed country profiles, 160 data tables, and a record number of responses from the executive opinion survey eos on which the gci in part. The global competitiveness report 2018 home previous next. Trend lines depict evolution in values since the 201220 edition or earliest edition available. Imd world competitiveness ranking 2019 one year change. Global competitiveness report information rw africa. South africa is the 60 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.
Growth in subsaharan africa is projected to remain at 3. It ultimately offers business leaders an overview of africas biggest opportunities. The economic literature on competitiveness in africa is focused mainly on the cfa franc zone, principally due to the. Action agenda for africa s competitiveness pdf regional workshop report. Pdf this book highlights the key issues, opportunities and challenges facing.
Oxford is pleased to make available for the first time a reasonably priced paperback edition of this invaluable resource. This years global competitiveness report is the latest edition of the series launched in 1979 that provides an annual assessment of the drivers of productivity and longterm economic growth. They need to know which suppliers can meet quality, quantity and time requirements, and which are financially stable andor may be able to expand or move up the value chain. The biennial africa competitiveness report 20002001 acr is a major research activity of the world economic forum. Today, africas average tax revenue to gdp is below 16 per cent. The global competitiveness report 2019 reveals an average across the 141 economies covered of 61 points.
245 1334 1268 284 1380 839 1301 1158 985 337 1551 384 536 1308 389 754 247 800 1361 1018 1214 588 227 1380 1041 350 1197 567 247 1058 902