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Joe Studwell

👤 Speaker
240 total appearances

Appearances Over Time

Podcast Appearances

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

The biggest unknown in Africa is the extent to which governance will respond to thicker populations, greater growth, greater capacity to raise taxes and therefore expand the capabilities of government.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

To what extent will African governments respond to this more benign, positive environment and up their game?

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

Thank you for having me.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

You're right, but we generalize about Asia and talking about Asia at the same time.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

And there's almost as much diversity in Asia.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

So I think we have to recognize that 55 countries are very different in Africa.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

But nonetheless, there they are on this vast landmass together.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

And their economies are going to evolve with close relations with each other as we go forward.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

So there is, to my mind, still a value in talking economically about Africa.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

And you can sort of see that in terms of what's happening within the continent, because there was a...

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

trend to put the Arab states in with the Middle East over the last sort of 30, 40 years.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

So, and not count North Africa really as part of Africa, but the North African countries themselves, now that there is some economic traction in sub-Saharan Africa, are starting to talk about themselves as being fundamentally African states.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

I didn't go with an expectation of what I would find.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

I thought that there might be something different about what was required in Africa in policy terms.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

I think that's about as much of a predisposition as I had.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

I mean, I started out by reading through the academic literature, and so I went through all the literature on governance failure, of which there's a huge amount in Africa, corruption, kleptocracy, civil strife, ethnic strife.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

But I got to the end of reading all that feeling that I hadn't really got an argument about what the fundamental reason was why Africa's development had lagged as much as it has.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

And that's what took me on to the demographic stuff that I got to eventually.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

Yeah, often symptomatic rather than fundamental reasons for developmental failure, if you like.

Merryn Talks Money
Why Africa’s Population Boom Could Power Its Next Growth Era

It was when I got to the demographics that I felt that I found something that had a much more powerful explanatory potential.

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