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Africa’s population in 2019 stands at approximately 1.32 billion, almost identical to India’s 1.37 billion residents, but it hosts that population over an area that is almost ten times the size of India’s 3.2 million square kilometres of territory. Over that area, Africa is made up of 54 countries. A key problem that Africa faces, therefore, is its fragmentation. Fifty-four national policies, each with their own domestic frictions like India’s, will mean a much greater problem when it comes to coordinating policies for growth. It also means that migration within Africa is far more difficult ...more
The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival
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