Wednesday 28 September 2016

Can Africa diffuse its demographic time-bomb? (Roberto Crotti, WEF)

In the past couple of years, growth in Africa has been affected by low commodity prices and economic slowdowns among trading partners. After seeing GDP increases of over 5% in 2014, regional growth is estimated to have been a more modest 3.4% in 2015, and it looks like it will be around 3% in 2016. Although that still makes the continent the world’s third-fastest growing region, this deceleration in economic activity is bad news for Africa’s millions of young unemployed.

No comments:

Post a Comment