Title:

African Transformation Report 2014

Publication Year:
2014
Abstract:

By 2050 Sub-Saharan Africa will have a larger and younger workforce than China or India. With the continent's abundant land and natural resources, that workforce can be a global competitive advantage and a great asset in driving economic transformation. Such a transformation will come through diversifying African economies, boosting their competitiveness in world markets, increasing their shares of manufacturing in GDP, and using more sophisticated technology in production. Economies will then become much more prosperous, less dependent on foreign assistance, and much more resilient to shocks - mirroring the successes of Asian and Latin American countries over the past several decades.

Publisher:
African Center for Economic Transformation
Item Type:
Report
Language:
en
Files:
Attachment Size
African Transformation Report 2014.pdf 8.66 MB