Africa in Transition » African Economies: Growing Quickly But Transforming Slowly

This is a guest post by Diptesh Soni. Diptesh is a master’s degree candidate at the Columbia University School …

GIBS Information Centre / GIBSIC‘s insight:

CFR  – African Transformation report   ” . . .  compares a group of fifteen African countries to the performance of sub-Saharan Africa at large, as well as eight comparable countries that have already undergone economic transformations, six of them in Asia and two in Latin America. Overall, it shows how countries that previously transformed exhibited higher savings rates, higher levels of output per worker, greater diversity in exports, and higher levels of technology than is true in Africa today.”

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