In a broad survey this issue of "Current African Issues" presents a
multifaceted picture of the current state of the African economy.
After a period of falling per capita incomes that started in the
1970s, Africa finally saw a turnaround from about 1995. The last
few years have seen average per capita incomes in Africa grow by
above 3 per cent per year on average, partly due to the resource
boom but also due to improved economic policies. Africa receives
more aid per capita than any other major region in the world and
there is a significantly positive effect of aid on growth.One of
the most notable aspects of the current process of globalization is
the increase in trade between Sub-Saharan Africa and Asia,
particularly China and India. The authors conclude with a call for
policy coherence among donors. The most problematic areas
politically for policy change of those discussed in the paper are
not aid policy but trade policy and the European Union Common
Agricultural Policy. This is a challenge to EU policy makers, since
the latter areas are probably the most important to change if we
take our commitment to development seriously.
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