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Shock Or Panic As New York Times Confirms Africa As The Leading Growth-engine - Business - Nairaland

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Shock Or Panic As New York Times Confirms Africa As The Leading Growth-engine by WordpressPhysco: 11:53am On Aug 19, 2019
New York Times research confirms that Africa is the leading growth engine of the world for decades to come.


As growth downshifts, even little miracles are disappearing. Before the 2010s, it was common for one in every five economies to be growing at 7 percent or more annually. Now, among the world’s 200 economies, just eight, or one in 25, are on track to grow 7 percent this year. Most of those are small economies in Africa.

The Amazing thing is that the benchmark for rapid growth should come down to 5 percent for emerging countries, to between and 3 and 4 percent for middle-income countries like China, and to between 1 and 2 percent for developed economies like the United States, Germany and Japan. And that should just be the start to how economists and investors redefine economic success.

Isn't that amazing? Of course.

Now, when the word AFRICAN GROWTH comes to play, do you count NIGERIA IN? Remember she is the giant of Africa.??

Let's believe.


https://www.nairaland.com/5365061/lets-make-money-online-for-african-growth

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