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Developing countries as the new global growth engine Contribution to world GDP, PPP growth Source: IMF (2010)

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Presentation on theme: "Developing countries as the new global growth engine Contribution to world GDP, PPP growth Source: IMF (2010)"— Presentation transcript:

1 Developing countries as the new global growth engine Contribution to world GDP, PPP growth Source: IMF (2010)

2 New optimism in Africa

3 The Economist, 6 February 2011

4 Sub-Saharan Africa in 2011 has an unprecedented opportunity for transformation and sustained growth Verdsbanken Reasons: – Sustained economic growth since the nineties – Stability, democracy – Robust economic reforms – Increased revenues from exports of natural resources – Increased consumption

5 Shares of emerging and traditional partners in Africas trade 1992-2009 (in percentage) Source: OECD Development Centre calculations based on ComTrade Data

6 Sources of African FDI inflows 1995-2008 Source: UNCTAD, OECD

7 Distribution of Africas total trade with emerging partners (2009, in percentage) Source: OECD Development Centre calculations based on ComTrade data.

8 Shifting Wealth, OECD, 2010, p. 74

9 Shifting Wealth, OECD, 2010, p. 88

10 Copyright: Martyn Davies, Frontier Advisory However, new dependency?


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