Africa’s natural wealth is enormous. Growing investments in infrastructure and a better business climate are helping to translate this wealth into productive physical capital. The continent’s large and growing youth population could also promote economic growth. However, what slows Africa’s social and economic transformation relative to other regions of the world is the lagging stock, composition, quality, and accumulation rate of its knowledge capital.
PDF) ESID Working Paper No. 163: What next for the political economy of development in Africa? Facing up to the challenge of economic transformation
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The Commons : Drivers of Change and Opportunities for Africa by
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