To improve the living conditions in Africa in the long term, rapid leaps in development are necessary. Our study shows how these leaps can be achieved.
Until recently, the African continent has been on a course of economic growth. Between 2000 and 2018 the African countries grew on average by more than four percent annually. Worldwide, the average growth rates of gross domestic product in Africa during this period were exceeded only in South and East Asia. However, high economic growth in the last two decades has not been sufficient to keep up with the high population growth on the continent. What is more, the economic upward trend has hardly translated into actual socio-economic progress that would be necessary to offer future prospects for younger generations and thus in the long term slow down population growth. This policy paper highlights the main reasons behind these issues and what economic opportunities are likely to arise for Africa if fertility rates decline and a change of age structure sets in.
The Berlin Institute would like to thank the Federal Foreign Office for funding the project. The Berlin Institute is solely responsible for the content of the study.