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Are the Cheetahs Tracking the Tigers?

Ignacio Hernandez's picture

A new one pager by Degol Hailu from UNDP's International Poverty Centre compares the high-growth periods for the African economies with those for the Asian Tigers.

             

"The high-growth performances are encouraging, but there is little sign of expansion in manufacturing activities among the so-called Cheetahs. The dependence on primary commodities and the extractive industry is worrying, particularly in economies that are heavily dependent on imports and where domestic manufacturing may possibly provide substitutes"

 Related:

A book by World Bank Economic Advisor Harry Broadman looks at the Trade and Investment relationships between Sub-Saharan Africa and China and India, and The Economist, in a recent article, is also of the opinion that there is hope for Africa.

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