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That projection is just projecting economic growth over the last 10 years forwards to 2030. Very mechanical. (More projections are linked in the entry) Some have made made the point that important places in Africa have changed. Noah Smith for examplehttps://twitter.com/Noahpinion/status/1121077600766455808 …
I believe the high bit of why Asia got richer was that it had previously been held back by leaders who prevented it from developing a middle class. When that sort of control erodes, it's like a dam bursting. Projecting the past seems a mismatch. Or am I missing something?
Opportunities to change is harder with an ever increasing population.pic.twitter.com/gKvmHXD5LS
The rise of manufacturing in Asia was a primary driver as it was for the West during the Industrial Revolution. As someone who works with a manufacturer on the continent, Africa is not close to replicating that success but there is hope this will change.
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