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E-book Development Challenges in Africa Towards 2050
This report lays out a broad Africa 2050 scenario in which Africa catches up (or converges) with the rest of the world to narrow the gap in terms of living standards and productivity. It describes a future for Africa of individual prosperity in cohesive societies, competitive economies, and strong regional-global interaction. Under such a scenario, by 2050 per capita incomes would grow six-fold, moving from one quarter of the global average to one half. The number of poor would be reduced ten-fold to fewer than 50 million. The majority of Africans would join the middle class. Africa’s share of global GDP would triple to 9 percent. This is a vision of what could be but it is not a prediction. It is only one of several possible scenarios and actions taken today will be key to determining which is realized.
Action will be required in many domains to realize the Africa 2050 convergence scenario described in Chapter 3. Complementing JICA’s flagship report Inclusive and Dynamic Development in Sub Saharan Africa2 , this report examines five issues that are important for turning such a scenario into reality: macroeconomics, poverty and inequality, demography, urbanization, and natural resources.
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