Economist Debate: Africa’s Rise
On Tuesday, a two-week-long Debate on The Economist’s website started. Topic: “How real is the rise of Africa?”
The Debates
We cannot equate development with manufacturing. There are several ways to achieve prosperity. A strong manufacturing sector is one way but not the only one.
His opponent, Development Consultant Rick Rowden, states:
I do not see how Africa can become the next global economic powerhouse unless it embarks on a serious programme of industrialisation, as have other developed economies.
At the moment, 57% of the voters agree with the motion, i.e. they think that Africa’s rise is sustainable and will continue. The Debate will be going on until March 20, with a post-debate conclusion from Oliver August, The Economist’s Africa Editor, on March 22. Kole Shettima from the Centre for Democracy and Development and Speakers’ Corner Nigeria already commented, next up is Charles Robertson, Clobal Chief Economist at Renaissance Capital.
Check the full debates on The Economist