
Why Africa Is Still Poor - Exclusive Interview with Daron Acemoglu
Economics Explained
00:00
Institutions and Growth in African Countries
African countries like Botswana, Mauritius, Seychelles demonstrated that success is achievable through building better institutions, maintaining stable property rights, investing in education and public infrastructure, managing resources well, and ensuring a fair justice system. These countries have shown that with these foundational elements in place, growth and development are attainable, debunking the notion that all African countries are destined to fail.
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