Africa’s Prospects: Half Full or Half Empty? There has been a flurry of articles with optimistic financial news about sub-Saharan Africa recently. Good financial news about Africa has been tricky to find these last few decades, however in the last 5-10 years, there have been some encouraging signs. For example, I submitted last June 13 on how Africa was making up a growing talk about of international trade in Africa’s Economic Development, and on September 19 about Africa’s Growing Middle Class (!?!). I’ll re-cap here some of the optimistic information, but buried a little deeper in these reports is some gloomy fact, too.
Unlike many regions of the world with aging populations, Africa is on the brink of the “demographic dividend” of rising amounts of prime-age workers. The previous few decades have observed real strides in health and education. The region is urbanizing. The business climate is improving. It offers vast quantities of natural resources and 60% of the world’s undeveloped arable land.
Africa’s economies have strong and developing contacts to China and to India, using their rapid development rates. 60 billion per calendar year to the region–along with connections to other marketplaces and skills. Good economic news about Africa’s economic development is welcome, and it might be churlish–or a sign of short days and looming Minnesota winter–to look at the gloomier side.
- 13 the nature of the proposed drinking water management contract
- Don’t follow the masses
- $100 x 5 percent x 12 months = $5
- Hedge Fund Managers
- How much you’ll have lost in the worst 12 month period over the past 20 years
- Option-Adjusted Spread (OAS)
- Define meta-analysis,and clarify how this relates to evidence -based practice (EBP)
But Africa’s current development projections, although they are shown in an positive tone, still imply odiously high levels of severe poverty even a half-century from now. 500 billion over the next decade. Electricity is another infrastructure need. Investment in this area also boosts questions of electrical generation and distribution systems that could mix multiple nationwide borders. African agriculture has been in reverse.
Of course, one can take a look at these issues of investment and infrastructure much less problems, but as potential opportunities to speed up Africa’s growth. The current 50-season projections, although they appear positive, don’t offer enough improvement for me. Here is a graph from the African Development Bank or investment company. 1.per day 25, but it would be one-third of Africa’s population in 50 years. per day 2. This would be another 10% of Africa’s population 50 years from now. 20 each day is increasing. But my eyes just keep time for both poverty lines and their distressingly high predictions even 50 years from now.
To fight weight problems, he helped move a ‘soda tax’ of just one 1.5 cents per ounce of soda pop effective 1/1/2017. He expected wholesalers and retailers to keep the brunt of the tax increase. They did not. They elevated prices. Mr. Kenney was surprised. Mr. Kenney said it was “wrong” and “misleading” for businesses to move the tax to their customers in the form of higher soda prices. Don’t all businesses pass on expenses to the client so the business can make a profit and continue steadily to pay employees? Another liberal ‘progressive’ has shown their profound misunderstanding of business Yet.
How can humans get this stupid? Could it be de-evolution at work? This is another example of why article writer H.L. Mencken said democracies eventually fail. It’s the stupidity of the electorate that puts people like this in office. Mr. Mencken’s quote is: “On some great and glorious day the basic people of the land will reach their heart’s desire finally, and the White House will be adorned by a downright moron. mission accomplished “! Yes, Obama might be gone and Trump might be arriving, but it appears like stupid is with us as there appears to be no treatment forever.