Africa's Path to Development
Quote from Ndubuisi Ekekwe on July 26, 2023, 8:16 AMYoung people provide a clear path for Africa's development: "... as I’ve noted before, it would be a huge mistake if Africa tries to pursue China’s strategy. What worked for China is already expiring with advances in AI and robotics, making it nearly impossible for Western Europe and the United States to ship some of these low-level jobs outside their shores; robots will do the jobs at home.
"Instead, Sub-Saharan African policymakers must develop a new developmental playbook that takes into account the realities of the present state of the area. Fortunately, that new development playbook is already evolving, and it is anchored on the teeming young people in Sub-Saharan Africa"
In this Harvard Business Review piece, published yesterday, I explain how that future could look like
Young people provide a clear path for Africa's development: "... as I’ve noted before, it would be a huge mistake if Africa tries to pursue China’s strategy. What worked for China is already expiring with advances in AI and robotics, making it nearly impossible for Western Europe and the United States to ship some of these low-level jobs outside their shores; robots will do the jobs at home.
"Instead, Sub-Saharan African policymakers must develop a new developmental playbook that takes into account the realities of the present state of the area. Fortunately, that new development playbook is already evolving, and it is anchored on the teeming young people in Sub-Saharan Africa"
In this Harvard Business Review piece, published yesterday, I explain how that future could look like
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