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RE: LeoThread 2025-08-17 05:22

in LeoFinance2 months ago

bigger than the population of the United States. And one of the questions that is very much, I think, open is whether Africa can become the China of the next few decades. Very uncertain because China had the advantage of maybe an authoritarian, but nevertheless an efficient administration. It was unified and it had a pretty well educated workforce. There's a long way to go before the political administration in Africa can have the same ability as in China. And Africa is divided up into many countries, I think, some like 45 countries. So it's not unified in the way that China was. And the educational level of the African workforce is lower than the education level, the Chinese workforce. But one of the major questions of the longer term future is going to be how Africa develops and how we can help Africa to develop. So actually one last question for you, Professor. It's not related to Africa or whether or not the labor in African countries can be as productive as western labor without (39/43)