Purchasing Power Parities (PPPs) and International

Transcript:Purchasing Power Parities (PPPs) and International:
Purchasing Power Parities (PPPs) and International Comparisons: Powering the Africa Free Trade Area Pali Lehohla AfDB Report Spurring the Giant into Africa Free Trade Outline Preamble Discuss Africa development Agenda Problem statement Articulate the mischief to be resolved Africa Continental Free Trade Agreement How does it address Agenda 2063 ICP information – the lever and propellant of change SWOT Analysis Establishing pathways Institutional arrangements for implementation Programme and Project, Balance score card, RACI Implementation frame Dialogue matrix, Embedding ICP in CPI and GDP Preamble: Discuss Africa development Agenda Africa Development Agenda 1945-1960 Decolonisation movement 1963-2000 the OAU Lagos Plan of Action 1980-2000 Younde declaration 1996 Human Rights 2000- present AU Constitutive Act NEPAD Agenda 2063 UN Development Decennial System 1960-1970 target of 5% growth in aggregate GNI through export led development 1971-1980 target 0.7% of GDP as ODA to developing nations 1981-1990 Human Rights approach to development MDGs – Poverty reduction through 8 goals and 48 targets SDGs – Poverty reduction and preservation of environment 17 Goals and 162 targets Problem Statement: the mischief to be resolved Africa’s development obstacles are complicated by reemergence of polarization in global politics and economics Therefore more than ever Africa has to get its act together inspired and led by Africans Agenda 2063 has advanced the signal that built on previous efforts to realize inter alia NEPAD The signing of the Africa Continental Free Trade Agreement (ACFTA) is a practical step responding to the signal African Continental Free Trade Agreement provide business opportunities that will enhance industrialisation in Africa in line with Agenda 2063 Intra-Africa trade drive sustainable growth and jobs African Continental Free Trade Agreement benefit small and medium-sized entreprises African Continental Free Trade Agreement for Africa’s women These four areas stand to benefit from the largest consumption market research Why is ICP information the only comprehensive source of Data for ACFTA ICP the lever and propellant of change Real GDP and Cost of Living Comparisons sanitized of currency and exchange rates Global poverty measurements PPPs is a common measure in income inequality Public services are in-country contextual but also relative to the rest of the world Geography based indices and indicators of Productivity, Competitiveness, Trade and Investment Relationship between levels of development and the price of services relative to tradable goods cross-country investment costs, such as labor and material costs Monitor global agreements the environment, climate change and clean energy The International