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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"


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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