TED talk- Charles Robertson: Africa’s next boom

 

An interesting little TED talk about the economic growth in Africa.

about the speaker:

“The past decade has seen slow and steady economic growth across the continent of Africa. But economist Charles Robertson has a bold thesis: Africa’s about to boom. He talks through a few of the indicators — from rising education levels to expanded global investment (and not just from China) — that lead him to predict rapid growth for a billion people, sooner than you may think.

Checking one’s assumptions about “Africa” has become a trope — but it’s still important to do, and still surprising. In The Fastest Billion, economist Charles Robertson and his co-authors suggest that behind the stereotyped narrative are some jawdropping indicators of extreme economic and social growth. He and colleagues make the case that Africa is moving away — quickly — from the “bottom billion” and  “will be the fastest continent to reach the fourth economic age … of high-income, low-corruption and generally democratic norms.” Rich in resources, and powered by young people who are holding leaders to account in new ways, Africa’s economies are now returning some of the highest growth rates on Earth. How will this trend play out?”

from TED

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