Friday, May 09, 2014

Recommended podcast: Charles Robinson, Africa's next boom

Emerging markets economist Charles Robinson predicts an African boom, contending that Africa is where India, China and prosperous Asian nations were 25 years ago. He presents demographic, educational and other data and predicts African GDP will increase from $2 trillion today to $29 trillion in 2050. Africa also has the advantage of having learned from the experience of Asian nations and better domestic and global technology than those nations had at a similar stage in their development.

You can read a transcript of the talk here and here are a couple of his slides -- on the availablity of young workers and the relationship between poverty and corruption: