Conclusions In this speech I have focused on the topic of measurement challenges for external statistics. In particular, I have highlighted the role that measurement issues play in determining the analytical value of the statistics on euro area trade and the national accounts.
According to the 2013 World Economic Forum Africa Competitiveness Report, the quality of infrastructure is one of the major impediments to developing trade and improving competitiveness in Africa. The World Bank estimates that the continent’s infrastructure spending needs amount to approximately $ billion per year, half of which is funded by the government.