1 April 2014

ECA to launch new report on Africa at UNHQ on 11 April

The Office of the Special Adviser on Africa (OSSA) is inviting UNAI members, especially those in New York and neighbouring states, to the New York launch of the 2014 economic report on Africa, which will take place on 11 April 2014 from 10:00 – 12:00 noon in the Trusteeship Council Chamber at UN Headquarters.

The report, “Dynamic industrial policy in Africa: innovative institutions, effective processes and flexible mechanisms,” acknowledges Africa’s impressive economic growth in the past decade on the back of better commodity prices, improved governance and increasing domestic demand and trade and investment ties with emerging economies. It emphasizes that industrialization is a “precondition for Africa to achieve inclusive and sustainable economic growth.”

Beyond an analysis of the continent’s industrialization problems, and based on the experience of industrializing countries in the global south, the report offers an institutional framework for designing and implementing industrial policy in Africa. The report recommends that top-level coordination of the industrial policy framework is required to deal with potential problems that could undermine the efficiency of industrial policy. Making provision for dialogues between public sector and private stakeholders allows governments and the industrial policy organizations to be adaptable to the changing needs of industry, it counsels.

Regarding the provision of modern infrastructure and logistics necessary for industrialization, the report wants governments with few resources to create “pockets of infrastructure” focused on sectoral or clustering needs of industrial expansion. It recommends industrial parks as one approach which “provides high potential for growth and value addition as well as for solid linkage development and related spillovers among companies, suppliers and service providers.”

You can read the report here: http://www.uneca.org/publications/economic-report-africa-2014

The New York launch of the report on 11 April will include a panel discussion which will be addressed, among others, by Mr Maged Abdelaziz, United Nations Under-Secretary-General and Special Adviser on Africa, Mr. Carlos Lopes, United Nations Under-Secretary-General and Executive Secretary
of the Economic Commission on Africa (ECA), and Ambassador Téte António, Permanent Observer of the African Union to the United Nations. It will also include a question and answer session.

If you – or your school – are interested to attend, please register by sending an e-mail to charlier@un.org and critchlowr@un.org.