Commodity prices: an opportunity for Africa? Legislative
Why the rise in commodity prices has does not permit the reduction of poverty?
A first hypothesis: economic growth is swallowed up by population growth strong. In fact the real growth can only From 3% economic growth. A 3% economic growth stagnates you, within 3% economic growth phagocyte your growth and your growth you are in a spiral of underdevelopment.
Now take the example of the Sahel will double its population and have 150 million inhabitants by 2040. This growth also certainly affect human security and especially food in the region.
And even countries that have experienced higher growth well above 3% that have reduced substantially the poverty rate. Why?
One reason that high corruption do not allow the redistribution of wealth: the international NGO Transparency International has published Oct. 26, its 2010 report the perception of corruption in 178 countries ( HERE) or most continent of ranks in the bottom.
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