Steven Radlet June 2016: Africa’s Rise- Interrupted?
Is Africa’s surge of progress over? During the past two decades, many countries across the continent changed course and achieved significant gains in income, reductions in poverty, and improvements in health and education. But the recent optimism seems to have swiftly given way to a wave of pessimism. Commodity prices have dropped, the world economy has slowed, and economic growth has stalled in several sub Saharan African countries. If high commodity prices alone drove recent advances, the prospects for further gains seem dim.
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