Article 1GMBZ Will giving fat cats some of the cream help to cut poverty? | Jonathan Glennie

Will giving fat cats some of the cream help to cut poverty? | Jonathan Glennie

by
Jonathan Glennie
from Economics | The Guardian on (#1GMBZ)

One lesson for Africa from China's economic boom is that self-interest could be the perfect tool for getting the political elite focused on development

Manufacturing's contribution to African GDP has remained constant at 10% for the past 40 years, and Africa's contribution to global manufacturing has actually reduced from 3% in 1980 to 2% today.

Related: Domestic critics carp over extent of China's munificence towards Africa

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