|
I'd like to take the job http://www.rookeryschool.co.uk/stmap_0a500.html?nalidixic.levitra.chlorpromazine mundipharma pharmaceuticals b.v. hoevelaken This article contains competing narratives about the economies of (sub-Saharan ) Africa: One the one hand record-high average growth rates for more than ten years. On the other hand a continent still plagued by high poverty, wide inequalities, poor human capital and inadequate infrastructure. Can one reconsile seemingly contradictory narratives in order to answer the question who benefits from Africa's economic growth? The last ten years has benefited well connected elites as well people who have escaped absolute poverty, been able to send one more child to school or buy better protection against malaria. A bigger pie has has some trickle-down effects. But a legacy of many decades with low growth is difficult to overcome. Igniting growth is easier than sustaining it. In order for a rising Africa to stand up-right institutional reforms will be needed in order to secure more labour-intensive growth, modernize eduacion and infrastructure, improve governance and increase agricultural productivity. Then, at best contonued high growth rates will benefit larger segments of the continent's population.
|
