Economic Report on Africa 2010

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(CC) meantux/Flickr

(CC) meantux/Flickr

The Economic Commission for Africa (ECA) has released the Economic Report on Africa 2010 (ERA 2010). The study focuses on how African countries can use the lessons provided by the recent global economic crisis to pursue policies which will help them not only to recover from the crisis but also lay the foundation for sustainable, employment-intensive, high-growth-rate economies.

African countries should pay special attention in their development policies to reducing unemployment. ERA 2010 stresses structural transformation through appropriate macroeconomic policies as the mechanism for achieving high employment growth. The report focuses on both short-term countercyclical policies and long-term strategies.

Read the report here.