Battling global headwinds: 3 lessons for Africa from East Asia

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The economic growth forecast for Africa over the next 2 years is no more than 4% per annum. For a continent whose population, 1/3 of whom lives on less than U.S. $2.15 a day, is itself growing at more than 2.5% per annum, that is not such good news. It means less revenues for governments and even less money in the pockets of everyday citizens whose incomes have been eroded by inflation. Amit Jain, director at the Centre for African Studies in Singapore, shares 3 lessons the continent can take from East Asia as it braces for the headwinds ahead.

Source: Brookings

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