05 February 2012 19:25
Philadelphia - Over the last thirty years or so, China has benefited enormously from what demographers and economists call a demographic dividend. One economist working at the Chinese Academy of Social Science (the top think tank in Asia) estimates that the demographic dividend has "has contributed 15-25% of [China's] economic growth and 5-21% of [its] savings rate [since the implementation of pro-market reforms in the 1970s]."
Clearly, a demographic dividend is a very nice thing to have; it can help a country grow rapidly and improve its savings rate (which in turn facilitates growth), but what exactly ...
22 January 2012 20:11
Since the Industrial Revolution, global output and wealth have grown immensely. A number of factors have driven this growth - specialisation and the division of labour, the invention of the company with its risk-limiting quality, and of models for assembling financing for large projects, technological changes that let us harness the energy of fossil fuels, and innovations in management and communication.
Over the last thirty years or so, however, one of the most important drivers of economic growth has been the entry of women into the paid labour force. Obviously, women have always worked - they grew or gathered most of the food our ancestors consumed for most of history, raised the children, and performed a thousand other crucial tasks in traditional and modern societies. Howev...
16 January 2012 19:29
We already know that 2012 is going to be a challenging year as we grapple with the crisis in Europe, the presidential election in America, the turmoil in Syria and Iran, and the continuing rise of new powers like China and India. But Africa will be facing a number of unique challenges as it heads boldly forward into 2012.
This week, we're going to look at the two biggest challenges that the continent will be facing in its struggle to gain prosperity, stability, and peace.
1. Big political problems in big countries
Sub-Saharan Africa can be divided into three categories of countries - small nations like Rwanda and Burundi, which can be troublesome but have limited clout; big, troubled states like the DRC or Côte d'...
27 December 2011 18:11
A look at the top news stories out of Africa in 2011.
27 November 2011 22:14
Corruption is on the increase in southern Africa.
07 November 2011 03:06
What does the turmoil around Somalia mean for East Africa?
23 October 2011 23:54
In the long-run, Africa will be a heck of a place to be.
03 October 2011 01:31
The idea of a United States of Africa is just nutty.
Deepest, Darkest, RichestLosing half of Africa's economic hope?African women beaten for wearing trousers – why it matters. |
Letters from ZimbabweJust doing my jobA human cyclone was underway in Bulawayo, writes Cathy Buckle. |