After Hours
The Future of Africa and Empty Lots
Nov 22, 2023
Kerry Elkins, a Harvard professor specializing in African history and entrepreneurship, dives into Africa's promising future and the challenges it faces. He discusses the continent's demographic trends and the potential for economic transformation akin to China's rise. The conversation shifts to vacant lots and housing crises, advocating for innovative land taxation to stimulate development. Elkins also highlights the importance of grassroots change and local experimentation in shaping social transformation in contemporary urban landscapes.
40:02
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Quick takeaways
- Africa's youth population presents both hope and concerns for sustained economic growth.
- Encouraging regional economic cooperation and entrepreneurship can lead to job creation and empowerment in Africa.
Deep dives
Africa's Rising Youth Population
By 2050, Africa is projected to have a quarter of the world's working-age population, with one-third of 15 to 24-year-olds residing in the region. The growth of the youth population in Africa presents both tremendous hope and concerns for sustained economic growth. The continent's transformation and potential mirror the rise of China and other global economic powerhouses. However, ensuring employment opportunities and addressing the unemployment crisis, particularly among young people, is crucial for stability and prosperity.
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