Nov 12 2007

Indicators

Category: Uncategorized<ADMINNICENAME> @ 7:06 PM

The World Bank’s closely-watched African Development Indicators is scheduled for release on Wednesday. Worth watching: whether agricultural data, generally flimsy in past reports, will achieve greater prominence in this  year’s Indicators (and later editions of this annual). The Indicators is expected to carry an upbeat message about African economies, saying essentially that many Sub-Saharan countries appear to have turned the corner and may be moving to a path of faster and steadier economic growth. While caution is justified, the bank’s upbeat message tracks my own field research. Rising commodity prices, especially for oil and minerals but also for staples such as corn, are fueling economic booms in many countries that sooner or later will influence the foreign-aid agendas of multilateral organizations, major governments and NGOs. The world community ought to pay attention to the economic dynamism in Africa. While still creating uneven gains and widening gap between rich and poor, the economic expansion in the sub-Saharan should force a much-needed reassessment of aid priorities — and encourage donors to take more seriously that they must partner with the economic “winners” of African, not just the “losers.”

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