So Ethiopia was the fastest-growing country in the 2010s. But who will it be in the 2020s? Many of the countries in Africa have the potential. https://www.ft.com/content/c71cd2e5-7e32-4675-9680-e94bfd7f055d … via @financialtimes
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Saving seems more culture than demographics. The Asians countries have always had higher saving rates. lowering fertility would seem to just create a smaller, but still inefficient, population, Shrinking savings and banking
I think it's both. Culture is definitely very important. Are Ethiopians not big savers? While I agree that East Asians are big savers and Africans seem not to be, Ethiopians are not typical for the continent.
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Ethiopian fertility rates are similar to China in the early 1970s - so the country should be poor, with few savings, low wages, poor education, minimal export capacity
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Ethiopia has no port though :( Huge disadvantage. I know about the train that runs through Djibouti, but I wonder if it will be enough.
End of conversation
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