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Monday, December 26, 2011

Where Are The Jobs?: Africa's Phony Growth?

There has recently been much talk about the increasing growth of African economies. Measured in GDP, many African countries seem to be on the road to explosive growth. However, most ordinary people still live desperate lives in many African countries. Should economists continue to talk of economic growth that does not appear to reflect the welfare of the people? Are these predictions just a gimmick, a reverse of Afro-pessimism? If you live in an African country, please respond to this Western and Asian predictions of growth in Africa.

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