Comprehensive foreign media reported by the World Bank Expert,Manage good natural resources and properly use funds obtained through the development of natural resources,It will become the key to Africa, especially southern Sahara Africa to achieve sustainable economic growth。
On May 12th, the World Bank's official website published an article by the World Bank African chief economist Albert G. Zeufack and the world bank economist Jim Cust. propose,Africa needs a new form of economic management,People must not only pay attention to the growth of GDP,And consider the potential wealth of various countries bet365 best casino games and its contribution to sustainable growth。
Article representation,The World Bank has released a report on the changes in wealth of various countries for many years,In this series of reports,National wealth of various countries is divided into human capital、Material capital and natural capital to investigate。The report of 2021 shows,Many countries in Africa, southern Sahara,Natural capital accounts for about 20%of the national total wealth,This region has also become one of the areas with the highest proportion of natural capital in the world。So,African countries, especially those in Africa, southern Sahara, need special attention to the management of its natural resources。In fact,Although the use of natural resources can promote economic transformation,But it may also increase the vulnerability of the bet365 best casino games economy of the country。Because natural resources can be exhausted,Therefore, the economic growth obtained by digging natural resources is unsustainable。To promote the sustainable growth of the economy,People cannot use funds obtained through natural resources such as minerals to increase consumption,should be invested in other departments to create more wealth。Resource management not only involves increasing investment in order to maximize income,Investment in income obtained through the development of natural resources will be invested in cultivating health、Labor with strong production capacity,Construction of high -quality infrastructure and modern cities,and strengthen agriculture、Forestry and Fishery resources。
Many countries in Africa, bet365 Play online games southern Sahara have rich oil、Natural Gas、minerals and other natural resources,2005-2014,The price of high -level raw materials on the international market has increased the domestic GDP of these countries rapidly。But,After 2014,With the decline in the price of raw materials,The economic growth rate of the country began to decline,and they have not been able to protect themselves from the influence of raw material price fluctuations through diversified investment portfolios and economic development forms。Survey data of the World Bank,1995-2018,There are 11 countries from the African region southern Sahara, and the per capita wealth stock of Africa has declined。This may cause the next generation of these countries to face the risk of further Bet365 app download decline in living standards。other,During the high level of raw material prices,These countries have also increased economic concentration、The level of accumulation of human capital decline and other problems。
Zefak and Castor thinks,Now the price of many raw materials began to rise again,countries in Africa, southern Sahara need to pay attention to natural resources management,Develop and use natural resources in a sustainable manner,Do a good job of reinvestment of resource development income at the same time,Especially investing in human capital,Improve its economic elasticity and diversity。
(Yao Xiaodan/Compilation)
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