The Africa Competitiveness Report 2017 : Addressing Africa’s Demographic Dividend

Without urgent action to address low levels of competitiveness, Africa’s economies will not create enough jobs for the young people entering the job market. If current policies remain unchanged, fewer than one-quarter of the 450 million new jobs ne...

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Main Authors:	World Economic Forum, World Bank, African Development Bank
Format:	Book
Language:	English en_US
Published:	Geneva: World Economic Forum 2017
Subjects:	DEMOGRAPHIC DIVIDEND COMPETITIVENESS CITIES LIVING STANDARDS
Online Access:	http://documents.worldbank.org/curated/en/733321493793700840/The-Africa-competitiveness-report-2017-Addressing-Africa-s-demographic-dividend http://hdl.handle.net/10986/26520

id	okr-10986-26520
recordtype	oai_dc
spelling	okr-10986-265202021-05-25T10:54:36Z The Africa Competitiveness Report 2017 : Addressing Africa’s Demographic Dividend World Economic Forum World Bank African Development Bank DEMOGRAPHIC DIVIDEND COMPETITIVENESS CITIES LIVING STANDARDS Without urgent action to address low levels of competitiveness, Africa’s economies will not create enough jobs for the young people entering the job market. If current policies remain unchanged, fewer than one-quarter of the 450 million new jobs needed in Africa in the next 20 years will be created. These are among the key findings of the Africa Competitiveness Report 2017, a biennial publication jointly produced by the World Economic Forum, the African Development Bank, and the World Bank Group. Priorities to meet the changing demographics include policy reform to improve the quality of institutions, infrastructure, skills and adoption of new technology. House construction and better urban planning present opportunities for short-term competitiveness gains. The report finds that the ability of Africa’s economies to generate enough jobs for its young and growing population rests on the successful implementation of urgent structural reforms to boost productivity. Competitiveness is defined as the set of institutions, policies and factors that determine the level of productivity, and hence future prosperity, of a country. The report, which covers North Africa and Sub-Saharan Africa, comes at a time when growth in most of the region’s economies has been slowing after a decade of sustained growth. Further stagnation is likely in the absence of improvements in the core conditions for competitiveness. Compounding the challenge to Africa’s leaders is a rapidly expanding population. 2017-05-08T15:07:07Z 2017-05-08T15:07:07Z 2017-05-01 Book http://documents.worldbank.org/curated/en/733321493793700840/The-Africa-competitiveness-report-2017-Addressing-Africa-s-demographic-dividend 978-1-944835-09-5 http://hdl.handle.net/10986/26520 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Economic Forum Geneva: World Economic Forum Publications & Research :: Publication Publications & Research Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	DEMOGRAPHIC DIVIDEND COMPETITIVENESS CITIES LIVING STANDARDS
spellingShingle	DEMOGRAPHIC DIVIDEND COMPETITIVENESS CITIES LIVING STANDARDS World Economic Forum World Bank African Development Bank The Africa Competitiveness Report 2017 : Addressing Africa’s Demographic Dividend
geographic_facet	Africa
description	Without urgent action to address low levels of competitiveness, Africa’s economies will not create enough jobs for the young people entering the job market. If current policies remain unchanged, fewer than one-quarter of the 450 million new jobs needed in Africa in the next 20 years will be created. These are among the key findings of the Africa Competitiveness Report 2017, a biennial publication jointly produced by the World Economic Forum, the African Development Bank, and the World Bank Group. Priorities to meet the changing demographics include policy reform to improve the quality of institutions, infrastructure, skills and adoption of new technology. House construction and better urban planning present opportunities for short-term competitiveness gains. The report finds that the ability of Africa’s economies to generate enough jobs for its young and growing population rests on the successful implementation of urgent structural reforms to boost productivity. Competitiveness is defined as the set of institutions, policies and factors that determine the level of productivity, and hence future prosperity, of a country. The report, which covers North Africa and Sub-Saharan Africa, comes at a time when growth in most of the region’s economies has been slowing after a decade of sustained growth. Further stagnation is likely in the absence of improvements in the core conditions for competitiveness. Compounding the challenge to Africa’s leaders is a rapidly expanding population.
format	Book
author	World Economic Forum World Bank African Development Bank
author_facet	World Economic Forum World Bank African Development Bank
author_sort	World Economic Forum
title	The Africa Competitiveness Report 2017 : Addressing Africa’s Demographic Dividend
title_short	The Africa Competitiveness Report 2017 : Addressing Africa’s Demographic Dividend
title_full	The Africa Competitiveness Report 2017 : Addressing Africa’s Demographic Dividend
title_fullStr	The Africa Competitiveness Report 2017 : Addressing Africa’s Demographic Dividend
title_full_unstemmed	The Africa Competitiveness Report 2017 : Addressing Africa’s Demographic Dividend
title_sort	africa competitiveness report 2017 : addressing africa’s demographic dividend
publisher	Geneva: World Economic Forum
publishDate	2017
url	http://documents.worldbank.org/curated/en/733321493793700840/The-Africa-competitiveness-report-2017-Addressing-Africa-s-demographic-dividend http://hdl.handle.net/10986/26520
_version_	1764462259831046144

The Africa Competitiveness Report 2017 : Addressing Africa’s Demographic Dividend

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