Is Africa Really Rising?

Posted: January 7, 2013 in Development
Tags: , ,

The Myth of Africa’s Rise – By Rick Rowden | Foreign Policy.(Link).

Rick Rowden:Recent high growth rates and increased foreign investment in Africa have given rise to the popular idea that the continent may well be on track to become the next global economic powerhouse.This ”Africa Rising” narrative has been the most prominently presented in recent cover stories by Time Magazine and The Economist. Yet both publications are wrong in their analysis of Africa’s developmental prospects………..Click on the link provided above to find out just why Rick Rowden reckons that the rumours of Africa’s explosive growth have been greatly exaggerated.What do you think?Is Africa really rising?

Rick Rowden is a development consultant who has worked as an Inter-Regional Advisor for the United Nations Conference on Trade and Development (UNCTAD) in Geneva and as a senior policy  analyst for the NGO ActionAid.He is currently a doctoral candidate in economics at Jawaharlal Nehru University in New Delhi,India.

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