Is Africa the next hotspot for international investment? That's one of the contentions of the McKinsey Global Institute in a recent report entitled Lions on the Move: The progress and potential of African economies. Collectively, African economies saw a significant uptick in growth over the last decade, with GDP growing at a 4.9 percent annual rate from 2000 through 2008.
As part of Asli's FPD Chief Economist Talk series, Susan Lund, the principal author of the report, came to the World Bank last week to discuss her findings. A video of her talk appears below the jump. The talk itself runs to the 29-minute mark, and the Q&A that follows runs another 52 minutes. Clearly, this presentation captured the attention of World Bank staff.