The African Development Bank Chief Economist said countries are working toward easing restrictive trade regulations. But he warns it’s an on-going process and nations could revert to more self-protective measures. He says for Africa, it can no longer be business as usual.
“Africa is showing that it can resist successfully and absorb the global shocks. Africa needs to see itself also as part of the global growth poll. Africa needs to see itself as part of the global solution to coming out of the crisis in the first place. It’s not business as usual.”
The African Development Bank said the continent must be aware of “mega-trade partnership agreements that wealthy nations are negotiating among themselves.”
In his speech at the opening of the African Economic Conference, bank president Donald Kaberuka said while economic growth has been high, it needs to be higher. He said the continent needs a minimum economic growth of seven percent for many years to keep pace with its rapidly rising population.
最新
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25