Africa has achieved impressive economic growth in the past 15 years; from 2001 to 2010, six of the world's ten fastest growing economies were in Africa. Although growth has been moderate in recent years, it is expected to regain strength.
Thursday, July 21, 2016 - 10:30
Research in Action
EconomicsPovertyEconomic and social developmentPoverty alleviation
Recent research has shown that worldwide population changes could increase economic growth and promote equity across generations. Researchers have developed a system to quantify economic flows across different age groups. These “National Transfer Accounts” measure how different generations produce, consume, share, and save resources.
Youth employment is one of the most pressing challenges facing sub-Saharan Africa. The UN estimates that Africa’s youth aged 15-24 will swell by about six million each year for the next decade. By 2050, the median age will be just 24.