Nevis:invest in human capital for job creation

Abstract

African economies have been buoyed by higher commodity prices, growing urban populations and the consequent expansion of the consumer goods sector. However, population growth has dampened the effects of that economic expansion over the past decade, Africa’s per capita GDP growth has averaged less than 2 per cent, which is below the average for developing countries. Many have made progress on poverty reduction, but that progress has not kept pace with their economic growth.