English 中文網 漫畫網 愛新聞iNews 翻譯論壇
中國網站品牌欄目(頻道)
當前位置: Language Tips > Normal Speed News VOA常速

Africa's bright, dark economic spots get attention

[ 2011-04-11 13:55]     字號 [] [] []  
免費訂閱30天China Daily雙語新聞手機報:移動用戶編輯短信CD至106580009009

Africa's bright, dark economic spots get attention

As the International Monetary Fund (IMF) and World Bank spring meetings kick off in Washington this week, Africa's economies are the talk of both guarded optimism and cause for concern.

Since the mid-1990s, economic growth in Africa has accelerated. The upward trend is continuing now despite sluggish recoveries elsewhere. World Bank officials expect the region's economy to grow five percent this year.

Economists and experts warn however against considering Africa as a homogeneous entity. Brookings Africa Growth Initiative Director Mwangi Kimenyi is among these. He spoke at a conference in Washington last month organized by the Carnegie Endowment for International Peace.

"It is very important to disaggregate these countries, remove the oil countries, because the drivers are different," said Kimenyi. "Coastal [countries] are sometimes different from the landlocked, North Africa, and so on. But if you look at the countries that are doing well and they are not natural resource rich countries, they have tried to diversify their economies and they have become competitive in particular sectors."

Bright spots in African economies include Ghana's agricultural sector, Kenya's mobile banking, Lesotho's light manufacturing, Cape Verde's tourism and Botswana's mining.

Major obstacles in most African countries include insufficient schooling beyond primary levels, huge gaps between a small rich elite and the majority of poor, a lack of outside investment and limited regional integration.

Harry Broadman, the chief economist of US-based Albright Capital Management, says the main impediment to better growth is poor governance.

"We can have all the other reforms that we want in the world, whether it is trade reform, whether it is education or the like, but unless we have a confluence between civil society and the political and economic leadership, we are not going to get very far in a sustainable way on the continent moving forward," said Broadman.

Shanta Devarajan, the chief economist of the World Bank's Africa region, also points to low labor productivity, which measures the ratio of output per hour's work.

"You see 70 to 80 percent of the labor force in the informal sector, mostly in single family household enterprises working on very low productivity activities and also unable to take advantage of any economies of scale, even of the type where you have a firm of 50 people you might be able to buy a machine that can increase your productivity," said Devarajan.

Devarajan says Africa's labor force is getting bigger and bigger, which is both a source of potential but also problems.

"We have seven to ten million young Africans entering the labor force every year adding to a total stock of about 200 million," added Devarajan.

Beyond the overall numbers which point to strong growth, economists say there are more than a dozen African countries which are extremely fragile economically.

They also say most Africans continue to be extremely vulnerable to external shocks which can severely affect their livelihood, from soaring food and fuel prices, to climate change induced natural disasters, and the outbreak of health epidemics and recurring political violence.

Related stories:

IMF Chief: status quo could sow seeds of next crisis

G8 leaders discuss economic growth, fiscal restraint

International Monetary Fund debates internal reforms, global economic growth

African finance ministers discuss economic recession

(來源:VOA 編輯:崔旭燕)

 
中國日報網英語點津版權說明:凡注明來源為“中國日報網英語點津:XXX(署名)”的原創作品,除與中國日報網簽署英語點津內容授權協議的網站外,其他任何網站或單位未經允許不得非法盜鏈、轉載和使用,違者必究。如需使用,請與010-84883631聯系;凡本網注明“來源:XXX(非英語點津)”的作品,均轉載自其它媒體,目的在于傳播更多信息,其他媒體如需轉載,請與稿件來源方聯系,如產生任何問題與本網無關;本網所發布的歌曲、電影片段,版權歸原作者所有,僅供學習與研究,如果侵權,請提供版權證明,以便盡快刪除。
 

關注和訂閱

人氣排行

翻譯服務

中國日報網翻譯工作室

我們提供:媒體、文化、財經法律等專業領域的中英互譯服務
電話:010-84883468
郵件:translate@chinadaily.com.cn
 
 
主站蜘蛛池模板: 国产免费一区二区三区在线观看| 女人18毛片a| 亚洲成人一级片| 美女的尿口免费| 国产热re99久久6国产精品| gay在线看www| 日产亚洲一区二区三区| 国产精品嫩草影院线路| 中文字幕亚洲欧美一区| 欧美va亚洲va香蕉在线| 你是我的女人中文字幕高清| 3d动漫wxxxx在线播放| 最近中文字幕在线中文视频| 免费一级特黄视频| 你懂的在线播放| 日韩精品内射视频免费观看| 免费h成人黄漫画嘿咻破解版| 韩国爸爸的朋友10整有限中字 | 日本人强jizz多人| 亚洲大尺度无码无码专区| 积积对积积的桶120分钟| 国产亚洲美女精品久久久2020| 20岁chinese魅男gay| 女人被两根一起进3p在线观看| 亚洲精品亚洲人成人网| 激情综合五月天| 成人免费视频网站| 亚洲欧美成人综合| 精品国产日韩亚洲一区二区| 国内精品在线播放| 中国老人倣爱视频| 日韩在线第三页| 亚洲国产成人久久综合区| 老师好紧开裆蕾丝内裤h男男| 国产砖码砖专区| 97久久精品国产成人影院| 性放荡日记高h| 久久久久国产精品免费免费搜索 | 日日橹狠狠爱欧美超碰| 亚洲AV无码之日韩精品| 欧美日韩亚洲第一页|