An emerging phenomenon in sub-Saharan Africa is the economic growth being experienced in some of the...

An emerging phenomenon in sub-Saharan Africa is the economic growth being experienced in some of the region’s poorest countries. Investigate the extent

to which this economic growth can be described as an ‘African economic renaissance’.

• With reference to recent FDI in Africa, evaluate the arguments for and against the modern ‘scramble for Africa’ by China and other investing countries from an African perspective.

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Expert Solution

Economic Growth should be used to enhance the likelyhood of prosperity within sub saharan Africa.With economic growth comes employment for reducing poverty and enhancing quality of lofe of people in sub saharan africa

Growth can generate virtuous circles of prosperity and opportunity. Strong growth and employment opportunities improve incentives for parents to invest in their children’s education by sending them to school. This may lead to the emergence of a strong and growing group of entrepreneurs, which should generate pressure for improved governance. Strong economic growth therefore advances human development, which, in turn, promotes economic growth.

Also promoting agriculture and cottage industry by grants from goverment and world bank to increase employment in the region.It is the role of local goverment to see that economic growth spreads evenly to the masses within sub saharan Africa

Rahul Sunny answered 1 year ago

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