Brookings scholar Landry Signé on why the continent underperforms when it comes to trade and what can be done about it.
Despite recent economic growth in many African economies, the continent as a whole continues to underperform when it comes to trade.
Africa represents only about 2.5 percent of total global exports. Internal trade is also low; some African countries trade more with Europe or Asia than with other nations on the continent.
This week on And Now the Hard Part, we trace the roots of the problem and talk about how to fix it.
“The limitations in traffic and trade have effects on industrial development, poverty levels, job creation, especially for the youth population,” says Landry Signé, a Brookings fellow and our guest on the podcast this week.
Listen to the episode on this page or subscribe and download wherever you get your podcasts.
About And Now the Hard Part: The world is a particularly confusing and daunting place these days: Russian bots, North Korean nukes, trade wars and climate emergencies. To understand it better, Foreign Policy and the Brookings Institution are teaming up for an 8-part podcast series. On each episode, host Jonathan Tepperman and a guest from Brookings discuss one of the world’s most vexing problems and trace its origins. And then, the hard part: Tepperman asks the guest to focus on plausible, actionable ways forward. Jonathan Tepperman, Foreign Policy’s editor in chief, hosts the podcast. The guests are some of the smartest and most experienced analysts around—all scholars from the Brookings Institution, including former government and intelligence officials. See All Episodes
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