Building bet365 code relationships focused on African development
May 29, 2023 09:35 Source: "Chinese Social Sciences Journal" Issue 2659, May 29, 2023 Author: Liu Yuwei/Compiler

This newspaper’s comprehensive foreign media reports said David Luke, a professor at the Institute of African Studies at the London School of Economics and Political Science,Africa’s policymakers and development partners frequently talk about private sector reform、International competitiveness、Investment、Employment、Topics such as livelihood and people’s well-being,There is little discussion around African bet365 code practices and partnerships。To fill this gap,Luke examines Africa’s trading partners and trading methods in his forthcoming book How Africa Trades,Explains how policymakers can proactively build bet365 code relationships focused on Africa’s development in the future。

Luke thinks,Intra-African bet365 code relations should not be ignored by society。Actually,There is a clear difference between Africa’s external bet365 code and internal bet365 code。Africa’s foreign bet365 code in goods is dominated by minerals and fossil fuels,Service bet365 code is mainly tourism。Although internal bet365 code accounts for only 18% of Africa’s total bet365 code,But more than 60% of bet365 code activities are diversified。Manufacturing is the largest type of export among African countries,45% of total officially recorded intra-African bet365 code。Among them,Grain exports account for 25% of total intra-African bet365 code。Luke said,There are many bet365 code activities across national borders that are not officially recorded。Informal bet365 code flows are equivalent to 7%-16% of formal bet365 code flows within Africa,Most of the traded goods are food and basic consumer goods。

It is of great significance to examine the employment situation and bet365 code activities in Africa together。Currently,Africa’s investment stock is overly concentrated in mining、Metal and non-metal mining industry。But,These two types of export commodities are often subject to extreme price fluctuations;The mining industry also invests heavily in capital equipment,There are also fewer employment opportunities。Opposite,Agricultural production、Processing、Logistics、Marketing and service require more manpower。It can be seen from this,Reasonably improving the bet365 code structure will create more job opportunities in Africa。Luke discovered,Many African women are engaged in the agricultural and sideline food processing industry,The young population is generally employed in the food manufacturing industry。Therefore,Academics and policymakers are studying how African bet365 code affects the economy、When discussing issues such as employment opportunities and income,The relationship between them and the social phenomena reflected in demographics should be fully considered。

 African Continental Free bet365 code Area Agreement adopted in 2019,The original intention included allowing African countries to abide by common rules for bet365 code,Thus tapping the huge potential of Africa’s collective market,Reduce bet365 code costs、Promote bet365 code diversification、Improving the modern bet365 code governance system、Attracting non-traditional sector investors,Achieve competitive economies of scale。In Luke’s opinion,The biggest achievement of this bet365 code agreement is to provide African countries with a reliable path to achieve rapid transformation and poverty reduction,But internal and external obstacles need to be overcome for successful implementation。Among them,External obstacles mainly come from bet365 code diversion。bet365 code diversion is not advisable,Because it concentrates production activities where the opportunity cost is higher、Countries with lower relative advantages,Increased the Allies’ import costs and consumer spending,Decrease the social welfare level of the Allies。Therefore,Africa’s trading partners need to offer a bet365 code deal,Minimize the risk of bet365 code diversion。In addition,Internal barriers include whether African policymakers and stakeholders can unite to advance policy implementation of the African Continental Free bet365 code Area Agreement、Keep borders stable、Deepening cross-border bet365 code facilitation, etc.。

Luke thinks,If African countries can overcome obstacles、Act together,Can create new global bet365 code and climate rules at an early stage。Reliable sources of bet365 code revenue are critical to attracting development finance and maintaining sustainability in debt management。A successful African Continental Free bet365 code Area will initiate structural changes in the African economy。

(Liu Yuwei/Compiled)

Editor: Cui Cen
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