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35min chapter
Analyzing Economies Round 3: Middle East, Africa, South America, and North America
"Econ 102" with Noah Smith and Erik Torenberg
Geographical Divisions, Resource Curse, and Manufacturing Potential in Africa
This chapter delves into Africa's geographical and racial divisions, exploring the history of resource extraction, the impact of colonialism, and the challenges of resource-dependent economies. It discusses the transition to manufacturing in East African countries and contrasts the security challenges in Nigeria, the Democratic Republic of Congo, and Somalia. The conversation also touches on the potential for investment in Africa and the implications of demographic shifts on labor-intensive industries.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode