The Global Economy’s Future Depends on Africa

In recent decades, the engine of the world economy has been the spectacular growth of China. From 1980 to 2020, fully one-quarter of the increase in global GDP was due to China’s growth, outstripping the contributions of the United States (22 percent), the European Union (12 percent), and Japan (4 percent).

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The Global Economy’s Future Depends on Africa | Foreign Affairs
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The Global Economy’s Future Depends on Africa | Foreign Affairs

Demographic trends are now placing Africa front and center as the one region that can sustain global growth.