Optimistic economic prospects in Africa
September 18, 2019 09:08 Source: "Chinese Social Sciences" September 18, 2019 Total No. 1780 Author: This reporter Zhao Qi

2019 World Economic Forum African Summit was held in Cape Town, South Africa from September 4th to 6th,The theme of the conference is "The Fourth Industrial Revolution shaping tolerant growth and common future"。Participants participating scholars on the future of African regional economic integration and economic development model、Create more employment opportunities for young people, as well as new growth engines in the African mainland,Discussion。

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The head of the World Economic Forum in the Middle East and African affairs Alexandre Rafful (Alexandre Rafful) on September 6th on the official website of the World Economic Forum,African continent is full of vitality,Optimistic economic prospects,Especially with the arrival of the fourth industrial revolution,African countries can better develop regional partnerships,Entering bet365 Play online games the rails of prosperity and innovation。

At this summit,Participants discussed the 4 strategic key contents of the African Union's "Age 2063",and evaluate the economic benefits brought to the "African Continent Free Trade Agreement" after the effect of taking effect。Rafevol said in the text,The "African Continent Free Trade Agreement" has been effective since May,profoundly affects African economic development,great driving force。South Africa has established many companies that are mainly producing and exporting finished products under the framework of the African Continental Free Trade Agreement。

  Provide more employment opportunities for young people

Albert Zeufack, chief economist of the World Bank African Ministry, emphasized the important role of African young people in promoting the economic development of Africa。He said,The World Economic Forum will be after the meeting,Establishing partnership with the International Trade Center jointly managed by the United Nations and the World Trade Organization,Start a e -commerce project designed to promote cross bet365 best casino games -border data services,It is expected to be 2050,This project can create 3 million employment opportunities for Africa。This project can help e -commerce startups to overcome obstacles,Solve the problem of consumers with low trust in digital products。

Professor John Luiz, a professor at Cape Town Business School in South Africa, said in an interview with this reporter,E -commerce as a new business model,Not only does it bring more employment opportunities to young people,At the same time, it can create more convenient conditions for remote areas。Leaders of Africa countries should cooperate with international institutions,jointly formulate a feasible action plan,jointly formulate a feasible action plan。Combination of trade and digitalization,Can change the production of African enterprises、Sales and consumption methods。Therefore,Policy makers in the African continent need to focus on 8 aspects: update policy、Expand interconnection、Upgrade Logistics、Enable electronic payment、Management data、Develop the technology industry、Guide to small enterprises and take a joint action。

Bet365 app download Louis said when talking about the relationship between education and employment,Education is the main tool to link people with the workplace,Education is also the basic element of employment。Turn in turn,Employment can enable people to achieve economic autonomy,is the cornerstone of the national economic development。Although in the background of the fourth industrial revolution,Traditional employment mode is being challenged,But as long as young people continue to learn,Gradually master new skills,can better adapt to the new working mode。The integration of new technologies can improve work efficiency,It can also reduce the cost of goods and services,Finally achieve the purpose of improving people's quality of life。Under the role of technological development,Enterprises will also transform to a more flat organizational structure,At that time, each employee will be able to participate more actively in the daily operation of the enterprise。

  Develop African new economic growth engine

There are large differences in economic performance in different countries on the African continent。bet365 Play online games Except South Africa,It also needs to cultivate more new economic growth points,can it drive the development of the entire regional economic integration。Which country may become another new economic growth engine in Africa? Associate Professor of the School of Economics and Commercial Sciences of Jinshan University in South Africa Miracle Benhura told this reporter,Ethiopia is the country with the fastest economic growth in Africa in recent years。First,Its domestic politics tends to stabilize year by year,The border problems of neighboring countries have also been solved at the same time。Next,There are many young people in the country,With human capital advantage,These human capital can become a key asset to promote economic growth。

Benhra mentioned,Ethiopian government is gradually opening the market,The privatization of state -owned enterprises will attract more potential investors,This is also a way to stimulate the economy。Show in a plan released by the Ethiopian government in 2018,The key economic areas will be partially open。Government bet365 best casino games plans to sell airlines to global investors、Electricity、Telecom、Railway、Partial equity of the manufacturing industry in hotels and key areas,To boost investor confidence。For a vast country like Ethiopia,In traffic、Agriculture、Infrastructure and healthcare and other fields need to be further constructed and improved,Therefore,You need to pass the university、Enterprise、Government、Funding agencies, etc. to form a joint force,Build a good entrepreneurial ecosystem,Finally promote the development of national and regional economy。

Editor in charge: Cui Cen
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