Sub-Saharan Africa may very well be the next big opportunity but it pays to look at the ground conditions (India is facing the same problem)
….
John Page and Abebe Shimeles, authors of a recent
study published by the World Institute for Development Economic Research,
think they have found an answer: not enough workers have moved from the fields
to offices and factories…..
Indeed, in Tanzania and Uganda, jobs have moved
in the other direction, from services to agriculture.
The authors measure how responsive employment is to GDP growth and find
sub-Saharan Africa has the most unresponsive labour markets in the world…..
Page and Shimeles reckon that if employment
shifted away from farming, poverty levels would dive.
Rwanda has experienced such a shift in recent years. Agriculture made up
three quarters of its employment in 2000; that fell to 52 per cent in 2011. A
mining and construction boom emerged.
Page and Shimeles calculate that the
sectoral shift was almost wholly responsible for Rwanda’s subsequent fall in
poverty.
There are lessons here for countries like Nigeria….Yet in 2010, 44 per cent of
Nigeria’s workforce was still employed in the agriculture sector. For a big
drop in poverty, the jobs market needs to change.
regards
Published by
Brown Pundits Archive
Razib Khan is a Bangladeshi-American geneticist and writer. He is co-founder of Brown Pundits and runs Unsupervised Learning, a Substack on population genetics, evolution, history, and politics with more than 55,000 subscribers, alongside the accompanying podcast. He has blogged at Gene Expression since the early 2000s.
His writing has appeared in The New York Times, The Guardian, National Review, Slate, India Today, Quillette, and UnHerd. He is Director of Operations at FUTO in Austin, Texas, and co-founder of GenRAIT, a life-sciences platform company. Earlier in his career he developed ancestry algorithms for Gene by Gene, the Genographic Project, and Insitome, and was among the first employees at Embark Veterinary.
Born in Dhaka and raised in upstate New York and eastern Oregon, he holds degrees in biochemistry (2000) and biology (2006) from the University of Oregon, and undertook doctoral work in genomics and genetics at UC Davis. He lives in Austin.
View all posts by Brown Pundits Archive
Hey, You see this is the problem – there's certain types of ignorant, fascist pricks, who will watch this short program THEN say they don't give a shit – those people know who they are. This is why there's poverty in the first place, its other peoples ignorance, greed, and racist ideology. If you got nothing good to say about these people, I strongly suggest you shut the fuck up.Thank you!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~`
StreamAfrica