Economic growth remains strong but still relies on exporting raw materials, especially crops, which are subject to variations in global prices and climate risks. Significant progress has been made in access to health care, education and social protection, but the past five years’ growth does not cover the strong social demand.
The article contains general information on youth-related issues in Côte d'Ivoire
The OECD Development Centre organized, together with the Ministry of Youth (Ministére de la Promotion de la Jeunesse – MPJEJSC), a workshop to discuss present and discuss the results of the Youth Well-being policy reviews in Côte d’Ivoire, developed in the framework of the EU-OECD Youth Inclusion project.
Following the first meeting of the Inclusive Framework on BEPS in Japan, on 30 June-1 July, and recent regional meetings, more countries and jurisdictions are joining the framework. The Inclusive Framework on BEPS welcomed Kazakhstan, Côte d’Ivoire and Bermuda bringing to 94 the total number of countries and jurisdictions participating on an equal footing in the project.
The OECD Development Centre, in collaboration with the Presidency of the Republic of Côte d'Ivoire and the Ministry for the Promotion of Youth, Youth Employment and Civic Service, held a brainstorming workshop to discuss "The National Youth Policy (NPC) 2016-2020". This workshop was organized as part of the Youth Inclusion project.
Since the end of the 2011 post-electoral crisis, Côte d'Ivoire has experienced strong growth, but this rapid expansion of the economy has not been accompanied by real improvements in youth well-being. Although young people aged 15–29 currently account for more than one-quarter of the total population, they remain a particularly vulnerable group in societ.
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For the first time since 2008, the West African region recorded a growth rate below the continental average (3.7% in 2015). With growth estimated at 3.3%, the West African economy was less dynamic than that of East Africa (6.3%), Central Africa (3.7%) and North Africa (3.5 %), but stronger than that of Southern Africa (2.8%). This performance is mainly due to the economic downturn in Nigeria.
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According to the 2016 Ibrahim Index of African Governance (IIAG), governance in Africa has overall slightly improved over the past decade but the security situation has clearly become worse: two out of three Africans live in a country where safety and the rule of law deteriorated over the past ten years. The ECOWAS area is the second best-performing African region, after southern Africa.
The economy continued its robust two-year growth in 2014 at an estimated 8.3%, with similar expansion expected in 2015 and 2016, driven by internal and external demand. Public and private infrastructure investment and household consumption accounted for most internal demand, while external demand boosted commodity exports thanks to higher world prices.