The OECD and the African Union promote a new development strategy in Africa



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"Despite the continent's strong growth, skilled jobs remain scarce and inequality remains high," reads the report on "African Development Dynamics," published today by the government. Organization for Economic Co-operation and Development (OECD) and the African Union

The document, the first to be done in this sense of co-operation between the two entities on this subject, advocates ten priority actions, separated by the region of the African continent, resulting from five

"These initiatives focus on sustainable economic development by stimulating domestic investment, export diversification and deepening links between the urban and rural worlds and promoting green growth, "reads the 257-page document that is being launched today in Addis Ababa, in the presence of the AU President, Oussa Mahamat Faki and the director of the OECD Development Center, Mario Pezzini

Development of social inclusion through alignment between education and the labor market and effective and universal social protection, institution building through regional integration, better resource mobilization national and improved political and economic governance, There are other general recommendations that African governments should implement.

According to the report, these ten areas of political action are needed because of a number of reasons from the OECD and the AU, including the volatility of growth, the lack of correspondence between economic growth and quality of life, the shortage of skilled jobs, the reduction of inequalities and the increase of productivity as an essential tool for structural transformation of the continent .

The five "megatrends" are classified in the report, "shape the integration of Africa in the" First, global wealth is changing, emerging countries producing more than half of global production, with partnerships with Africa will increase, "reads in the document, which presents as second" megatrend "the obstacles to African producers created with" the new revolution of production ".

Third, the OECD and the AU point to the "demographic dividend" that Africa can reap with young people from its population, but warns that "it is necessary" to provide enough basic jobs and services "to young people entering adulthood.

In the fourth, rapid urbanization is changing (d, s, id), and the need for a "green growth" strategy to adapt to climate change ", concludes the report

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