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CASE STUDIES FROM AFRICA

30769-doc-services_exports_for_growth_and_development_africa

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Organisation of the Report<br />

The present report provides African Union members and partners with:<br />

<br />

<br />

<br />

<br />

<br />

<br />

An overview of the services sector in Burkina Faso<br />

A description of the key elements of the cultural services sector in Burkina Faso<br />

The economic impact of the cultural services sector<br />

A condensed analysis of the main trends concerning the challenges to the sectors’<br />

growth, their financial and support needs, and the main barriers to accessing funding<br />

Examples of successful cultural projects or enterprises and factors underlying such<br />

successes<br />

Specific recommendations to policy makers, institutions, and private enterprises to<br />

improve the private sector’s competitiveness in the supply of cultural services.<br />

The Service Sector in Burkina Faso<br />

Basic Data<br />

The information on the contribution of the services sector was mostly extracted from both the<br />

report from the Ministry of Economy and Finance on the economic and financial situation of<br />

Burkina Faso in the third quarter of 2012 and the balance of payments of Burkina Faso for the<br />

year 2010 (latest edition available).<br />

Services Share in GDP<br />

Burkina Faso is a landlocked West African country with a population of some 16 million. It<br />

ranks 181st globally (out of 187 countries) on the UNDP’s Human Development Indicator for<br />

2011 with a score of 0.388, well below the average for Sub-Saharan Africa (0.463). Currently,<br />

Burkina Faso’s economy is mostly reliant on agricultural production, gold exports, and cotton.<br />

The country still remains vulnerable to such exogenous shocks as low rainfall, international<br />

financial and oil crises, and regional instability. During 2000–2009, economic growth was thus<br />

very erratic because of climatic uncertainties and recurrent exogenous shocks. In real terms,<br />

GDP growth averaged 5.2%, with a high of 8.7% in 2005.<br />

According to the Ministry of Economy and Finance, all sectors contributed positively to GDP<br />

growth in 2012 with a composition of GDP by sectors 10 of 33% for agriculture, 22.2% for<br />

industry, and 44.9% for services. The primary sector contributed 3.3 percentage points to GDP<br />

growth and, the secondary sector 0.8 points. Following the recovery from the 2009 international<br />

financial crisis, the tertiary sector has maintained its growth trend in 2012 (+6.0%), contributing<br />

3.9 points to GDP growth, with an evolution of its value added for both the market (+5.5%) and<br />

non-market sectors (+6.7%). The impact of non-profit activities such as official cultural events—<br />

such as the Ouagadougou International Crafts Fair (SIAO) and the Ouagadougou International<br />

10<br />

As cited in the CIA World Factbook 2013.<br />

211

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