Name: 【TED】Charles Robertson: Africa's next boom (Charles Robertson: Africa's next boom)
Uploaded: 2016-02-10T12:51:10.000Z
Duration: 13 min 34 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Life expectancy has increased by one year

That means if an African child is born today,

And HIV infection rates are down 27 percent:

600,000 less people a year are getting HIV

with deaths from malaria down 27 percent,

And malaria nets actually are playing a role in that.

where there wasn't an awful lot of growth.

would have called Scottish barbarians, my ancestors,

were actually part of the Industrial Revolution,

and in the 19th century, growth began to accelerate,

and you saw that get quicker and quicker,

It doesn't matter if this is the jungles of Singapore

Everybody gets involved. It's just a matter of when

Among the reasons I think it's happening right now

is the quality of the leadership across Africa.

I think most of us would agree that in the 1990s,

the greatest politician in the world was African,

which have transformed the economic situation

The West has given debt forgiveness programs

from about 70 percent of GDP down to about 40.

At the same time, our debt level's gone up to 120

between investing in education and health

and paying interest on that debt you owe.

And it's not just the public sector which is looking so good.

Again, in the West, we have private sector debt

If there's any continent that can do what China has done --

China's at about 130 percent of GDP on that chart --

So they've got great government finances, great private sector debt.

Does anyone recognize this? In fact, they do.

has poured into Africa in the last 15 years.

no one touched the continent with a barge pole.

And this investment is actually Western-led.

but 60 percent of the FDI in the last couple of years

has come from Europe, America, Australia, Canada.

Africa produces 10 million barrels a day of oil now.

And this very encouraging story, I think,

And it's not just about African demographics.

I'm showing you the number of 15- to 24-year-olds

and the blue line is the one I want you to focus on for a second.

which is the bulk of that East Asian blue line,

and every year until 2010 that's getting bigger.

Which means you're going to have new guys

knocking on the door saying, "Give us a job,"

and, "I don't need a big pay rise, just please give me a job."

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【TED】Charles Robertson: Africa's next boom (Charles Robertson: Africa's next boom)

decade

show

grow

awful