World Economic ForumWorld BankAfrican Development BankOrganisation for Economic Co-operation and Development2015-06-092015-06-092015-06-01978-92-95044-00-5https://hdl.handle.net/10986/22014The Africa Competitiveness Report 2015 comes out at a promising time for the continent: for 15 years growth rates have averaged over 5 percent, and rapid population growth holds the promise of a large emerging consumer market as well as an unprecedented labor force that - if leveraged - can provide significant growth opportunities. Moreover, the expansion of innovative business models, such as mobile technology services, is indicative of the continents growth potential. However, Africa continues to be largely agrarian, with an economy that is underpinned by resource-driven growth and a large and expanding informal sector. Indeed, more than a decade of consistently high growth rates have not yet trickled down to significant parts of the population: nearly one out of two Africans continue to live in extreme poverty, and income inequality in the region remains among the highest in the world. What is more, across sectors - from agriculture to manufacturing and services - productivity levels remain low. It will be necessary to raise productivity across all sectors of the economy to achieve higher growth and create quality employment, and turn this progress into sustainable inclusive growth.en-USCC BY-NC-ND 3.0 IGOTARIFFSRISKSCAPITAL MARKETSREGULATORY FRAMEWORKFISHUNEMPLOYMENT RATESECONOMIC GROWTHPOLICY ENVIRONMENTENVIRONMENTAL PROBLEMSINCOMEAGRICULTURAL PRODUCTIONPRODUCERSRESOURCE MANAGEMENTPROPERTY RIGHTSBALANCE OF PAYMENTSFINANCIAL RESOURCESRESOURCE ALLOCATIONLABOR FORCESTATISTICAL DATAEMISSIONSPOLITICAL ECONOMYREVENUESENVIRONMENTAL ISSUESSUSTAINABLE MANAGEMENTINCENTIVESECONOMIC POLICYDISTRIBUTIONMODELSEMPIRICAL STUDIESINPUTSOWNERSHIPDECISIONSDEVELOPED COUNTRIESEMPIRICAL ANALYSISECONOMIC ACTIVITYDEVELOPMENTEFFICIENT REGULATIONOIL PRICESARABLE LANDOILFOOD POLICY RESEARCHPOPULATION GROWTHPRODUCTIVITYECONOMETRICSLABOR PRODUCTIVITYOPTIONSEXTERNALITIESBARRIERS TO ENTRYDEBTMARKETSWELFARE GAINSNATURAL RESOURCESMETALSSUBSIDIESPRODUCTION OUTPUTEFFICIENCYFOOD PRODUCTIONMARKET ECONOMIESTAXESLAND USERESOURCESUNEMPLOYMENTEQUITYPRODUCTIVITY GROWTHVALUE ADDEDRURAL COMMUNITIESCAPITALWAGESAGRICULTURAL INTENSIFICATIONCLIMATE CHANGEENVIRONMENTAL MANAGEMENTECOLOGICAL FACTORSVALUESMARKET PRICESVALUECOMPETITIVENESSECONOMIC STRATEGIESCREDITQUALITY STANDARDSENVIRONMENTAL IMPACTSPURCHASING POWERPATENTSNATIONAL INCOMESUSTAINABLE GROWTHINTERMEDIATE GOODSECONOMYAGRICULTUREENVIRONMENTSPUBLIC GOVERNANCEPROPERTYTAX RATESENVIRONMENTWEATHER PATTERNSECONOMICSTERMS OF TRADESECURITIESBASIC METALSCAPITAL GOODSECONOMIC FACTORSECONOMIC DEVELOPMENTCARTELSTRADELANDECONOMIES OF SCALECOMPARATIVE ANALYSISGROWTH RATEINVESTMENTEXTREME POVERTYCOMPARATIVE ADVANTAGECOALFARMSECONOMIC INFORMATIONCOMPETITIVE MARKETSNET WORTHREVENUEEMPIRICAL EVIDENCEHIGH UNEMPLOYMENTSCIENTIFIC RESEARCHRECYCLINGECONOMISTSNATURAL RESOURCES ACCOUNTINGPASTURESAVERAGE PRODUCTIVITYINTERMEDIATE INPUTSPROFITSENVIRONMENTALLABOR MARKETSPUBLIC GOODWETLANDSGROWTH POTENTIALDEMOGRAPHICSPRICESNEGATIVE EXTERNALITIESBENEFITSECONOMIESPRODUCTION PROCESSESDEVELOPMENT POLICYPUBLIC GOODSCOMPETITIONBookWorld Economic Forum10.1596/978-92-95044-00-5