Report of the twenty-second meeting of the committee of experts of the conference of African ministers of finance , planning and economic development, Addis Ababa, 29-31 May 2003
Experts recognized that disaggregating growth accounting would assist in portraying a more precise economic performance of African countries, particularly with countries dependent on a few sectors such as oil and agriculture. When exogenous shocks impact these key sectors, overall growth numbers suffer, although other sectors may still be growing at higher levels. Experts called for disaggregated analyses of economies to better evaluate performance of sectors other than agriculture and hydrocarbons. The reform of the Poverty Reduction Growth Facility (PRGF) framework should be examined in order to foster higher growth, with a focus on long-term development rather than short-term growth. Participants called on the rapporteur to update and correct the data relating to the economies of the above member countries, bearing in mind the data transmitted by those countries to the different ECA subregional offices.
| Format: | Conference document biblioteca |
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| Language: | eng |
| Published: |
2003-05
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| Online Access: | http://hdl.handle.net/10855/21145 |
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