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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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African Development Bank (AfDB)

 

AFRICA & GLOBAL ECONOMIC TRENDS QUARTERLY STATISTICAL REVIEW, 2nd Qtr. 2013, vol. 14 [online 9 September 2013]

http://www.afdb.org/fileadmin/uploads/afdb/Documents/Publications/Africa%20and%20Global%20Economic%20Trends%20Quarterly%20Review%20-%20Second%20Quarter%202013.pdf

[full-text, 25 pages]

 

[excerpt]

The slowdown in emerging economies is likely to soften demand for African commodity exports, although short-term prospects remain favorable. The economies of most major OECD countries have grown at a subdued rate, although the IMF in June revised downward its growth forecast for the US for 2013 and 2014. By contrast, growth in Japan proved stronger than expected in the second quarter of 2013, boosted by higherconsumption and net exports.

 

In response to robust domestic demand, Africa was one of the few regions to record an increase in foreign direct investment (FDI) inflows in 2012, up by 5% to $50 billion. This was partly due to increased investment from transnational corporations based in emerging Asia, with Malaysia, China and India the largest investors. FDI inflows in 2012 wereboosted by investments in the extractive sector in countries such as the Democratic Republic of Congo, Mauritania, Mozambique, and Uganda. At the same time, there has been an increase in FDI for consumer oriented manufacturing and services. FDI outflows from Africa almost tripled in 2012, to $14 billion.

 

CONTENS

1 World Economy

1.1. Economic growth & unemployment

1.2. Inflation and financial developments

1.3. Summary of world statistics

2 Africa in the World Economy

2.1. Economic growth

Focus: Tunisian economy

2.2. Merchandise trade

2.3. Commodity trends

2.4. Inflation & money supply

2.5. Financial indicators

3 Data sources and descriptions

 

 

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