Tracking the future. Daniel Silke

Tracking the future - Daniel Silke


Скачать книгу
target="_blank" rel="nofollow" href="http://www.un.org">www.un.org

      Chapter 2

      Africa Comes of Age

      In a world looking for the next investment frontier, the African continent stands out as the next major contributor to global growth. The years to 2050 will make millions of Africans more prosperous. The challenges will be to leverage the continent’s core strengths in commodities, agri-business and a young populace, to ensure that economic growth goes hand in hand with strides in infrastructure development and accountable governance, and to filter real benefits down to Africa’s people.

      Long characterised by negative global perceptions, largely as a result of the devastating effect of colonisation and post-colonial mismanagement, Africa and its rise will be a dominant feature of global trade for some time to come.

      These seismic shifts in population growth are set to transform certain regions more than others. Already the focus of much market attention, both East and West Africa are likely to see the biggest demographic add-ons.

      Huge increases in population might make the average reader lament the continued population ‘time bomb’ facing the continent. While poverty levels are likely to remain far too high, Africa’s share of younger people is likely to rise, not because of dramatically increased fertility rates and larger families, but as a result of a relative drop in the number of workforce members – aged 15–65 years – in the other major population centres of China and India. From 2030, Africa’s share of younger people will begin to dramatically outstrip that of both China and India as their fertility rates fall back (see Chapter 6).

      A rise in younger working-age men and women in Africa – perhaps as many as 1.1 billion by 2040 – creates the potential for both economic advancement and social dislocation. It therefore won’t be surprising to see a contradiction occur across the continent, where societies that don’t open their economies, liberalise trade conditions and curb corrupt governance continue to languish as failed states – and even rogue states. South Africa, as economically advanced as it might be, already grapples with one of the highest unemployment rates for any country of its level of development. Pockets of failures will therefore continue to destabilise vast swathes of the continent, despite the positive


Скачать книгу