Posted on 24/12/08
Goodwill may be stunting African growth
OTTAWA -- University of Toronto economist Garth Frazer asks an intriguing question: With plenty of low-skill, low-wage workers at its disposal and with plenty of cotton for T-shirts, why has Africa never stepped "onto the bottom rung of the manufacturing ladder" - the first step in the rise of Taiwan, Korea, Singapore, Hong Kong and China? What went right in East Asia and wrong in Africa?
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