Thursday, 5 May 2016

African Lions: Nigeria’s jobless growth (Christina Golubski, Brookings)

Nigeria, sub-Saharan Africa’s biggest economy and most populous country, has recorded high growth in recent years. Indeed, real GDP growth rate was 6.31 in 2014 (compared to the regional average of 4.35). Life expectancy has also increased (by 6.9 years since 1980) and so has mean years of schooling (by 0.2 years since 1980). Despite these achievements, like many other African countries, poverty and unemployment rates remain high. In fact, its unemployment rate increased from 23.9 percent in 2011 to 25.1 percent in 2014. So, where are the expected gains in poverty and unemployment from Nigeria’s growth?

http://www.brookings.edu/blogs/africa-in-focus/posts/2016/05/05-nigeria-jobless-growth-golubski

No comments:

Post a Comment